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Creating a difference through partnerships Sarita Bahl Vice President Group Corporate Social Opportunities
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Corporate Overview 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)
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The Framework
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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
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Literacy/inclusion model MCX-SX Other partners Project implementation: bridging the urban- rural divide Mutual funds Banks Various services for farmers through existing GSK platform Financial Inclusion Financial Literacy ECONOMIC PROSPERITY & EMPOWERMENT B E N E F I T Outcome Strategic direction and expert advice Children/ Farmer/ Community Village Post office as Financial Literacy HUB
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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
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Questions??? Sarita.bahl@mcxindia.com
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