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WAREHOUSING RECEIPTS
Open MSP procurement, storage to private sector: StarAgri CEOStarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity,...- Warehousing Development Regulatory Authority signs pact with SBI"It is envisaged that the product will have far reaching consequences with regard to acceptance of e-NWRs among small and marginal farmers....
- Number of warehouse registrations on the rise: WDRA chiefThe pledge finance in the last few years had been increasing steadily, the WDRA chief said, and appreciated the efforts of both public and ...
- NERL issues 31 eNWRs since inceptionThe repository has been able to generate 31 eNWRs totaling to about 324 MT of commodities.
- Government launches negotiable warehousing receipts in e-formatWarehouse receipts are made negotiable under the Warehouse (Development and Regulation) Act, 2007, and regulated by the Warehousing Develop...
- CWC should provide more services and be competitive: Ram Vilas PaswanAddressing the foundation day of the CWC, the minister said the corporation has made a significant progress since its formation in 1957.
- Government pulls up Warehousing Development and Regulatory Authority for farmers not getting loan against Warehouse ReceiptsWarehouse Receipts (WRs) are documents issued by warehouses to depositors against the commodities deposited in the warehouses.
- NCML ties up with Canara Bank for financing warehouse services"The tie-up with Canara Bank will help in the spread of the agricultural finance and promote warehousing receipt financing across the count...
- New food law: Nabard to put up 10K warehouses in panchayatsNabard has kick-started an ambitious project to build 10,000 warehouses at panchayat level this fiscal.
- NCMSL enters in alliance with Central Bank for collateral management'The tie-up with Central Bank of India will help in the spread of the agricultural finance across the country.'
- Dena Bank sign up agreement for Warehousing Receipt fundingDena Bank one of the leading public sector Banks & Star Agri a leading post harvest agri solution provider signed up an agreement for Wareh...
- 1% Interest waiver on loan against godown receiptsThe Centre plans to pressurise states on making registration of warehouses mandatory.
- Warehousing Act comes into force, receipts now negotiableThe much-awaited Warehousing (Development and Regulation) Act, 2007 has come into force with effect from October 25, 2010.
- FMC set to lose control over warehousingIn the absence of a separate regulator, FMC has been overseeing the warehousing mechanism on futures exchanges.
- Warehousing authority to get top team by OctThe warehousing authority being set up to make warehouse receipts negotiable and tradeable is likely to get a chairman and two members by O...
- Warehousing bill likely to get green lightThe crucial Warehousing (Development and Regulation) Bill, 2007, is expected to get passed in the Rajya Sabha on Thursday.
- Warehouses may harvest Rs 1 lakh crGet prepared for the way agri-financing will happen in India in the coming years. With the Lok Sabha having given its nod for the Warehouse...
- Warehouse regulator shouldn’t set pricesYet another proposed legislation has not measured up to the competition principles advocated by the Competition Commission of India (CCI).
- Due diligence must to check fraudsThe hit that a private bank took on its books for agri loans disbursed against warehouse receipts.
- Warehouse receipt financing can touch $25 bnWarehouse receipt financing has the potential to grow from the current $3 billion to $25 billion over the next three to five years as corpo...
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