Central Warehousing Corporation is a statutory body which was established under ‘The Warehousing Corporations Act, 1962. It is a public warehouse operator established by the Government of India in 1957 to provide logistics support to the agricultural sector. It operates 422 warehouses across India with a storage capacity of 10 million tonnes. Services include foodgrain warehouses, industrial warehousing, custom bonded warehouses, container freight stations, inland clearance depots and air-cargo complexes.
Function
The Warehousing Corporation act, 1962: Subject to the provisions of this Act, the Central Warehousing Corporation may:[1]
Subscribe to the share capital of a State Warehousing Corporation;
Act as an agent of the Government for the purposes of the purchase, sale, storage, and distribution of agricultural produce, seeds, manures, fertilizers, agricultural implements, and notified commodities; and
Carry out such other functions as may be prescribed.
CWC operations include scientific storage and handling services for more than 400 commodities including Agricultural produce, Industrial raw-materials, finished goods and a variety of hygroscopic and perishable items.
Scientific Storage Facilities for commodities including hygroscopic and perishable items through a network of 421 warehouses in India with its 2880 personnel.
Import and Export Warehousing facilities at its 36 Container Freight Stations in ports and inland stations.
Bonded Warehousing facilities.
Disinfestation services.
Handling, Transportation & Storage of ISO Containers.[5]
CWC[6] enables the movement of imported and exportable goods to and from the port towns and has developed infrastructure of Container Freight Stations & Inland Clearance Depots throughout the country. It operates 36 CFSs/ ICDs where composite services for containerized movement of import/export cargo are provided.
The Warehousing Corporation is empowered to acquire and build Warehouses for the storage of Agricultural produce, seeds, fertilizers, and other notified commodities and also to act as an agent of the Central Warehousing Corporation or of the Government, for the purpose of purchases, sales storage, distribution, etc., of Agricultural Commodities in time of need.[7] Though it has been criticised for lack of manpower and technologically equipped warehousing facility.[8]
