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Negotiable Warehouse Receipt

< 1 min read

Definition: A Negotiable Warehouse Receipt (NWR) is issued to farmers storing produce in WDRA-registered warehouses and can be traded or pledged.

Key Points:

Issued under regulation of the Warehousing Development and Regulatory Authority (WDRA).
Can be used as collateral for bank loans.
Helps farmers avoid distress sales after harvest.