-The Hindu Business Line Farmers may soon be able to sell their harvested produce at farmgate, with the government adding new features on the electronic National Agriculture Market (eNAM) that bypasses the need for taking the produce to wholesale mandis. Agriculture Ministry on Thursday updated eNAM platform by adding two new software modules that would recognise trade from recognised warehouses using electronic negotiable warehouse receipts (eNWRs) and allow farmer producer organisations to...

-The Hindu Business Line If regulation turns supportive and the RBI mandates banks to lend against the electronic negotiable warehouse receipts (eNWRs), they may soon take off Two weeks ago, I was in Suryapet district of Telangana. Here’s a short story of an English-speaking farmer from there, who greeted me with “good afternoon’ as I wished “namaskaram”. Venkateshwara Rao hails from Chinna Nemila village in Maddirala tehsil. He has a five-acre land on...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...