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HomeTechnology NewsEntrepreneurship has always been 'strength of India': Jignesh Shah

Entrepreneurship has always been ‘strength of India’: Jignesh Shah

After scrapping Article 370, the Narendra Modi led BJP government announced to improve the entrepreneur ecosystem in Jammu and Kashmir and so far, two meetings have been held to assess the skilled workforce. Last year the Central government had released Rs 2.83 lakh crore to Rs 5.4 crore aspiring and ambitious young entrepreneurs. 

Continuing the reforms of govt Union Finance Minister Nirmala Sitharaman in her Budget 2020-2021 speech said entrepreneurship has always been the “strength of India,” and proposed a slew of measures to ensure ease of doing business for Indian startups, including a seed fund to support early-stage startups and an investment clearance and advisory cell for entrepreneurs, among other measures. Calling India’s growing crop of entrepreneurs “job creators”, the finance minister noted that the young men and women of India are today giving up greener pastures to create new businesses and employment opportunities in India, ensuring further economic growth.

PM Modi’s vision and initiatives are being lapped up by the industry. Innovators like Jighesh Shah have fully supported Modi in these ventures. Jignesh Shah’s contributions have had an immense impact on the growth and development of the financial sector. Looking at the bright future of the youth, Jignesh Shah created and nurtured a business that made India the world’s second largest marketplace in commodities trading and we were on the top in all businesses our exchanges did.

Jignesh Shah now sees 100 times bigger business potential in the Start-Up ecosystem after having set up 14 exchange companies across 6 continents in a span of 10 years in his earlier stint and feels he can create 10 crore jobs over the next decade for the country’s youth. His journey is more than thrilling, challenging and worth taking inspiration from.

At present, Jignesh Shah wants to focus this time on a mentoring role and help youngsters with innovative ideas live their entrepreneurship dreams by providing them a platform for “institutionalization, globalization and scaling up” of their ventures. He wanted to bring a change in his country and that is why he had created an ecosystem which narrates the ideology of the ‘Make in India’ campaign by Narendra Modi. His motive is to create more job opportunities for the millions of youngsters of India, which are both of high standards and environmentally friendly, and that’s a welcome move for India.