- Reduces Post-Harvest Losses:
- Farmers can store their produce in recognized warehouses.
- This provides scientific storage, reducing spoilage.
- Prevents distress sale immediately after harvest.
- Improves Price Realization:
- Farmers can hold their produce until market prices are favorable.
- They can take loans against the receipts instead of selling immediately.
- They can sell their produce to a third person by endorsing the receipt, without physical movement.
- This allows them to access wider markets and better prices.
- E-NWRs save logistics expenditure, further improving net realization.