Warehouses financing: short on logic and long on imagination
By: Pavaskar, Madhoo.
Material type:
ArticlePublisher: 2006Description: p.1754-756.Subject(s): Agricultural products
In:
Economic and Political WeeklySummary: The attempt by the RBI to promote warehouse financing for agricultural commodities is undoubtedly a welcome move. The major problem, however, is that the country lacks modern warehouses. It would have been much better if the RBI - constituted Working on Warehouse Receipts and Commodity Futures had drawn up a road map to develop the warehouse receipt system for bank financing against agricultural commodities. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 41, Issue no: 18 | Available | AR70043 |
The attempt by the RBI to promote warehouse financing for agricultural commodities is undoubtedly a welcome move. The major problem, however, is that the country lacks modern warehouses. It would have been much better if the RBI - constituted Working on Warehouse Receipts and Commodity Futures had drawn up a road map to develop the warehouse receipt system for bank financing against agricultural commodities. - Reproduced.


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