NABARD partnered with CWC

Published on August 07, 2021
Current Context: The National Bank for Agriculture and Rural Development (NABARD) collaborated with Central Warehousing Corporation (CWC).
NABARD partnered with CWC
  • They have collaborated to offer better storage facilities to the farmers of India.
  • Due to this partnership, the Indian farmers who are small and marginal ones will be able to avail warehousing facilities of CWC to store their Agri and farm produce.
  • This is the first-of-its-kind arrangement and is mainly made for farmers who are affiliated to farmer producer organisations (FPOs) and also in future the arrangement will be extended to individual farmers.
  • The 1st phase of the partnership will be executed in Andhra Pradesh, Tamil Nadu and Telangana.
  • The partnership will help to support agricultural infrastructure in India.
  • The collaboration between NABARD and CWC is made through NAB Foundation.

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