Record Details

Electronic Negotiable Warehouse Receipt (eNWR): A Tool to Promote Liquidity in Rural Area

Indian Agricultural Research Journals

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Field Value
 
Title Electronic Negotiable Warehouse Receipt (eNWR): A Tool to Promote Liquidity in Rural Area
 
Creator Bhagwat, Kanchan
Angadi, Sangamesh
Vashisth, Akshita
Shalendra
 
Subject Agricultural Credit
Agricultural Marketing
Agri Warehouse
Food Supply Chain
Rural Area
 
Description The warehouse receipt serves as collateral for loans, for delivery in accordance with a futures contract or for swapping. Realising the importance, the Government has taken various initiatives to make warehouse receipt negotiable, transparent and a sound instrument facilitating trade transactions and availability of credit mainly to smallholder farmers. Introduction of repositories have facilitated the introduction of a true electronic warehouse receipt in the Country. The electronic receipt exhibit various advantages over paper receipts. The system having online centralised management of records is transparent, efficient and facilitates easy transfer and splitting of receipts. Nearly one lakh electronic receipts were issued during 2020-21 by both the repositories namely NeRL and CCRL. The electronic warehouse receipt has shown its potential, though, it may need consumer specific products and creation of awareness to make the same popular among farmers. 
 
 
Publisher National Institute of Agricultural Extension Management (MANAGE)
 
Date 2024-09-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://epubs.icar.org.in/index.php/JAEM/article/view/157102
 
Source Journal of Agricultural Extension Management; Vol. 25 No. 1 (2024); 111
0976-3120
 
Language eng
 
Relation https://epubs.icar.org.in/index.php/JAEM/article/view/157102/55954
 
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