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{
    "id": 676905,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/676905/?format=api",
    "text_counter": 149,
    "type": "speech",
    "speaker_name": "Hon. F.K. Wanyonyi",
    "speaker_title": "",
    "speaker": {
        "id": 2065,
        "legal_name": "Ferdinard Kevin Wanyonyi",
        "slug": "ferdinard-kevin-wanyonyi"
    },
    "content": "Thank you, Hon. Speaker. I want to take this opportunity to add my voice to this Bill. It is a progressive Bill. For those who do not know, what happens is that one takes goods to the store and is given a serialised receipt. In our context, it will be a receipt made by De La Rue. You get a particular company that produces those receipts. After taking your goods and agricultural products to a store, you will keep the serialised receipt that you will be given. It has worked well in a country like India. I happen to have seen the system in India. First, they established a Warehouse Receipt System Council with minimal personnel. There is a Chief Executive Officer (CEO) who coordinates all the transactions in the country, and a secretary. In India, a secretary is not someone who works in the Government but in a private enterprise. They carry out inspection of all the receipts and so goods are not necessarily moved. The advantage of this is that the receipts can be used as a title deed. You can do business without moving goods. That lacks in our country. This system should be introduced and I hope we can fasttrack this Bill. It creates employment because there is a lot of movement of goods. For example, if an area is short of certain food like maize, you do not have to move goods to that area. For instance, if you have a warehouse in North Rift, Kitale or Kwanza, all you have to do is to ask if they have The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}