| All types of agricultural commodities and other commodities notified by the Government from time to time are accepted for storage in a Warehouse. The idea behind the whole warehousing scheme is to give scientific storage to the agricultural produce and also to arrange easy credit and holding power to the agriculturists to enable them to get a better price for their produces. A Warehouse Receipt incorporating the quantity, quality, market value and particulars of insurance against fire, theft and burglary will be issued to the depositor. The Warehouse Receipt is negotiable in nature and can be pledged in any bank. |
