ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Warehouse Financing: Short on Logic and Long on Imagination

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 Group on Warehouse Receipts and Commodity Futures had drawn up a road map to develop the warehouse receipt system for bank financing against agricultural commodities.

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