♦ The Union Minister of Consumer Affairs, Food and Public Distribution and New & Renewable Energy, Pralhad Joshi launched the Credit Guarantee Scheme for e-NWR based Pledge Financing (CGS-NPF).

♦ This scheme provides a corpus of Rs.1,000-crore for post-harvest finance availed by farmers against electronic negotiable warehouse receipts (e-NWRs) after depositing commodities in Warehousing Development and Regulatory Authority (WDRA) accredited warehouses.

♦ Its objective is to provide loan facility to small farmers to save them from distress selling. 

♦ This scheme majorly focuses on Small and Marginal Farmers, Women, SC, ST and Divyangjan (PwD) farmers with a minimal guarantee fee. Besides, small traders (MSMEs), FPOs are also benefited under this scheme.

♦ Loans extended to small and marginal farmers up to Rs.75 Lakhs will have coverage of 80 to 85% and loans extended to MSMEs/FPO ‘s /traders up to Rs.200 Lakhs will have coverage upto 75% under the scheme.