ssraonline

Warehousing Accreditation Agency

Warehousing Accreditation Agency

Home / Warehousing Accreditation Agency

Warehousing Accreditation Agency

The firm has a registered Warehousing Accreditation Agency registered with the Warehousing Development and Regulatory Authority. Warehousing plays a very vital role in rural banking and financing. In view of overall growth and development of warehousing sector and to promote efficiency in conduct of warehousing business, the Government of India has introduced the negotiable receipt system in India. The initial focus of the Warehousing Development Regulatory Authority has been on agriculture sector. WDRA on its part has devised the system of Negotiable Warehouse Receipts, which will in time allow farmers to get the best price for their produce and help bringing down prices of commodities by cutting out the arbitrage earned by middlemen.

Benefits of the Accreditation:
  • Increased liquidity in rural areas.
  • Encouragement of scientific warehousing of goods.
  • Lower cost of financing.
  • Shorter and more efficient supply chains.
  • Enhanced rewards for grading and quality.

DISCLAIMER

The purpose of this website is only for informational purposes and it should not be interpreted as soliciting or advertisement of any nature whatsoever. By clicking on the “I agree” button below, the website visitor agrees and acknowledges that:-

  • There has been no advertisement, personal communication, solicitation, legal advice invitation or any other inducement of any sort whatsoever by or on behalf of SSRA & Co. or any of its members to solicit any work through this website.
  • The user wishes to gain more information about SSRA & Co. for his/her/their own information and use and at their own risk. This site makes no guarantee that the contents are accurate and/or reliable.
  • All information about SSRA & Co. on this website is being provided to the user only on his/her/their specific request and any information obtained or materials downloaded from this website is completely at the user’s volition.
  • SSRA & Co. assumes no liability for the interpretation / consequence of any action taken for the use of the information contained on this website or through any external links thereon, nor does it offer a warranty of any kind, either express or implied.