{"id":320147,"date":"2024-12-17T17:43:34","date_gmt":"2024-12-17T12:13:34","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=320147"},"modified":"2024-12-18T11:21:58","modified_gmt":"2024-12-18T05:51:58","slug":"credit-guarantee-scheme-for-e-nwr-based-pledge-financing","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/credit-guarantee-scheme-for-e-nwr-based-pledge-financing\/","title":{"rendered":"Credit Guarantee Scheme for e-NWR based Pledge Financing"},"content":{"rendered":"<p><strong>News<\/strong>:The Union Minister of Consumer Affairs, Food, and Public Distribution, launched the Credit Guarantee Scheme for e-NWR based Pledge Financing (CGS-NPF).<\/p>\n<h2>About Credit Guarantee Scheme for e-NWR (Negotiable warehouse receipt)<\/h2>\n<figure id=\"attachment_320148\" aria-describedby=\"caption-attachment-320148\" style=\"width: 397px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-320148\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/12\/Credit-Guarantee-Scheme-for-e-NWR-based-Pledge-Financing.png?resize=397%2C200&#038;ssl=1\" alt=\"Credit Guarantee Scheme for e-NWR based Pledge Financing\" width=\"397\" height=\"200\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/12\/Credit-Guarantee-Scheme-for-e-NWR-based-Pledge-Financing.png?w=629&amp;ssl=1 629w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/12\/Credit-Guarantee-Scheme-for-e-NWR-based-Pledge-Financing.png?resize=300%2C151&amp;ssl=1 300w\" sizes=\"auto, (max-width: 397px) 100vw, 397px\" \/><figcaption id=\"caption-attachment-320148\" class=\"wp-caption-text\">Source- PIB<\/figcaption><\/figure>\n<ul>\n<li>It aims to provide <em>credit facilities to small farmers<\/em> to prevent them from distress selling.<\/li>\n<li><strong>Nodal Ministry<\/strong>&#8211; Ministry of Consumer Affairs, Food, and Public Distribution.<\/li>\n<li><strong>Implemented by<\/strong>&#8211; Warehousing Development and Regulatory Authority (WDRA).<\/li>\n<li>It establishes a <em>corpus of Rs 1,000 crore<\/em> to support post-harvest financing for farmers through electronic negotiable warehouse receipts (e-NWRs). This is facilitated after depositing commodities in Warehousing Development and Regulatory Authority (WDRA)-accredited warehouses.<\/li>\n<li><strong>Coverage<\/strong>:\n<ul>\n<li>Loans up to Rs. 75 lakhs for agricultural purposes.<\/li>\n<li>Loans up to Rs. 200 lakhs for non-agricultural purposes.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Eligible Institutions<\/strong>&#8211; All scheduled banks and cooperative banks.<\/li>\n<li><strong>Eligible Borrowers- <\/strong>Small and Marginal Farmers (SMF), Women, SC\/ST\/PwD Farmers, other farmers, MSMEs, Traders, Farmer Producer Organizations (FPOs), and Farmer Cooperatives.<\/li>\n<li><strong>Risks Covered- <\/strong>Credit risk and warehouseman risk.<\/li>\n<li><strong>Guarantee Coverage<\/strong>:\n<ul>\n<li>85% for loans up to Rs. 3 lakhs.<\/li>\n<li>80% for loans between Rs. 3 to 75 lakhs for small and marginal farmers, women, SC\/ST\/PwD.<\/li>\n<li>75% for other borrowers.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Guarantee Fee-<\/strong>\u00a00.4% p.a. for farmers and 1% p.a. for non-farmers.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:The Union Minister of Consumer Affairs, Food, and Public Distribution, launched the Credit Guarantee Scheme for e-NWR based Pledge Financing (CGS-NPF). About Credit Guarantee Scheme for e-NWR (Negotiable warehouse receipt) It aims to provide credit facilities to small farmers to prevent them from distress selling. Nodal Ministry&#8211; Ministry of Consumer Affairs, Food, and Public Distribution.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/credit-guarantee-scheme-for-e-nwr-based-pledge-financing\/\">Continue reading <span class=\"screen-reader-text\">Credit Guarantee Scheme for e-NWR based Pledge Financing<\/span><\/a><\/p>\n","protected":false},"author":10367,"featured_media":320148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,956,12039],"tags":[11872],"class_list":["post-320147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-factly-articles","category-economy","category-schemes-and-programs","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/12\/Credit-Guarantee-Scheme-for-e-NWR-based-Pledge-Financing.png?fit=629%2C317&ssl=1","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/320147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10367"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=320147"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/320147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/320148"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=320147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=320147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=320147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}