Pledge Finance to Agri Commodities. PLEDGE. What it is ? Bailment of goods as a security for payment of a debt or performance of a promise. Bailment or transfer of possession Only possession but not the ownership. RESPONSIBILITIES OF PLEDGEE. Must exercise reasonable care.
What it is ?
Private RG owner + Aggregator
Small farmer storing in Private Warehouse
Glut in production
Crash in prices
Current price determines future crop choice
The starting point
Poor income realization
Shortage in earlier crop
Change of crop
Futures prices would help farmers migrate to demand-led-cropping pattern
Let's go through a
Smart work by NEXGEN
Customer happy with Pledge Finance