Updated By: LatestGKGS Desk
Ram Vilas Paswan who is Consumer Affair and Food Minister, has launched the web Portal of Warehousing Development and Regulatory Authority (WDRA) and electronic Negotiable Warehousing Receipt (e-NWR) System.
E-NWRs System will have no change of any tempering, mutilation, Fudging, loss or damage.
It will not only facilitate easy pledge financing by bank and financial institution but also smooth trading on various trading centres including electronic national agriculture market (e-NAM)
These initiatives will revolutionize the market for agricultural commodities and will help farmers to realize better price for their produce
It will be a step towards doubling their income by 2022 along with digital India mission as envisaged by the Prime Minister.
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