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NABARD introduces new system for farmers [1]

The National Bank for Agriculture and Rural Development (NABARD) has introduced a Negotiable Warehouse Receipt (NWR) system to help farmers avoid distress sale of their produces.

In a statement here on Friday, NABARD chief general manager K.C. Shashidhar said the NWRs would enable small and marginal farmers with Kisan Credit Cards to avail post-harvest loans at concessional interest rates and store their produce in warehouses against warehouse receipts.

Publication Date: 
04/02/2012
Hindu (Thiruvananthapuram) [2]
Tags:
Thiruvananthapuram (D) [3], National Bank For Agriculture And Rural Development (NABARD) [4], Farmers [5], Agriculture [6], Kerala [7]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/nabard-introduces-new-system-farmers

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/nabard-introduces-new-system-farmers
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-thiruvananthapuram
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/thiruvananthapuram-d
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-bank-agriculture-and-rural-development-nabard
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/farmers
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/agriculture
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kerala