70 likes | 209 Views
Creating a difference through partnerships. Sarita Bahl Vice President Group Corporate Social Opportunities. New national level stock exchange – October 2008 Philosophy of developing markets through innovation, research, information and education
E N D
Creating a difference through partnerships Sarita Bahl Vice President Group Corporate Social Opportunities
New national level stock exchange – October 2008 Philosophy of developing markets through innovation, research, information and education Every activity is an opportunity to integrate and create a difference Leverage the strength of partners: DD, FTSE, ICAI MCX & India Post: Gramin Suvidha Kendra (GSK) Corporate Overview
Unique Partnership • Public Private Partnership • Low cost innovation requiring relatively less resources • Unique work processes • Scalable and replicable • Socially sustainable providing various direct and indirect benefits to the target segment • Environmentally sustainable as it rides on minimum resources • Economically sustainable as it is a revenue generating model • Involves local people in the value chain • Represents a collaborative approach vital to tackling pressing social problems • Flows from MCX mission and is integrated with its business strategy • High on social impact and high potential of driving inclusive growth
Literacy/inclusion model Project implementation: bridging the urban-rural divide Strategic direction and expert advice MCX-SX Village Post office as Financial Literacy HUB Other partners Mutual funds Banks Various services for farmers through existing GSK platform • B • E • N • E • F • I • T Outcome ECONOMIC PROSPERITY & EMPOWERMENT Financial Literacy Children/ Farmer/ Community Financial Inclusion
Challenges • Taking care of Partner needs/objectives • Involving women through SHGs • Changing ‘mind sets’ on saving • Continuous up gradation of financial incentives • Scrutiny of services • Capacity Building of partners • National and State policies • Identifying future partners
Questions??? Sarita.bahl@mcxindia.com