In what way is the finacial help available through the warehouse?
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Answer:
About Loans for Warehouse
India is a land of agriculture. It is the largest producer of many crops and agricultural products in the world. Crops are transported across the country throughout the year while a huge part of them is exported outside the country too. One of the major challenges hampering the growth of agricultural sector is finding ways to store them adequately. The abundant produce requires high quality storage solutions until they reach the end consumer. The Warehouse Development and Regulatory Authority of India assists in setting up of warehouses and cold storage facilities to aid producers.
There is a huge demand for warehouses that are easily accessible and provide high protection from natural calamities, rodents and other damaging elements. Banks and other financial institutions have numerous loan products to aid in the building and setting up of a warehouse.
NABARD – National Bank for Agriculture and Rural Development, comes in first with its financial assistance scheme for setting up of warehouse, cold storage and cold chain infrastructure.
State Bank of India, Bank of India and IDBI Bank too have loan schemes specifically for setting up of warehouses and cold storage infrastructure.
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