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{
    "id": 706275,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/706275/?format=api",
    "text_counter": 247,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Other than cutting down on losses of the grain itself or the produce, the warehousing system will ensure that loses to the farmers are cut. It will also reduce economic losses. The Mover of this Bill has told us that with this system, the farmer does not need to sell his produce to get make money. He can deposit in a warehouse, get a receipt confirming that he has deposited the produce and he can use the receipt at the banks to get advance loans. Currently, if you have any produce in your house, you cannot go to any bank and argue or persuade them to give you any loan. This is because there is no guarantee that the produce in your house meets the required standard, it is secure and will be available. Mr. Temporary Speaker, Sir the Warehouse Receipt System will ensure that, that receipt bears the integrity to be exchanged. It will also ensure that the farmers specialize in production. It is not the business of the farmer to specialize in storage or even selling eventually. The farmer will be left with ample time and opportunity to concentrate on production. Those who will specialize with storing will specialize on warehousing. They will procure the adequate machines, driers, chemicals and proper infrastructure to store the produce. This choice to have a warehouse for produce will not be for anybody. One would need to satisfy inspectors that, indeed, their buildings or stores are safe for purposes of warehousing. It will also ensure that any produce that is delivered there meets the standards that have been set by the Government. If it is maize, there will be perhaps Grade One, Two or Three and they will be stored as such. The farmers who deliver Grade One will ensure that they get the money for Grade One eventually when it is sold. The grade there will not deteriorate. Even if it deteriorates by natural means, it will not deteriorate at the expense and the hands of the farmer. For instance, when one delivers Grade One grains, if the same grains are sold two years down the line, it is not the same grains that will be sold. It will be rolled over. Whatever one stores can be sold but they are guaranteed that their grade is safe because somebody else will bring at a later stage a Grade One to the place. It will be rolling stock rather than permanent stock. Just like money, when one deposits money in the bank, it does not lose value in terms of how long it has been in the bank. Some farmers are persuaded to dispose off their produce because of insecurity. Perhaps one does not have a watchman to watch over it or perhaps they are leasing a farm far from their residence and they are not sure of security. However, because of this facility, one will be able to keep it safe and be sure that there is guarantee that it will be secure. Those countries that have succeeded in feeding their own people have done it. For instance, India established this system and has run very smoothly. In fact, it has guaranteed food security for India. It is also possible that when one warehouses in big quantities to estimate what they hold as a country such that if there is excess, they can export. However, at the moment, there is no straightforward way or accurate way of pre- determining how much we hold. We can only estimate. However, if they were in warehouses, one would know how much the country holds and how much we consume. We may then decide that if we have excess, we export to other countries which need it and hence earn foreign exchange. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate"
}