In news : Recently the Union Minister of Consumer Affairs, Food & Public Distribution said that it’s time for Central Warehousing Corporation ( CWC) to increase the current capacity of 130 LMT by manifold at the earliest
About Central Warehousing Corporation(CWC)
- CWS is a Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Consumer Affairs, Food and Public Distribution.
- Aim: Its aim is to provide reliable, cost-effective, value-added, integrated warehousing and logistics solutions in a socially responsible and environment friendly manner.
- CWC is engaged in the business of warehousing, total logistics management and allied activities.
- It is a ‘A’-Mini Ratna, Category – 1 CPSE
- It is a statutory body which was established under ‘The Warehousing Corporations Act, 1962’.
Warehousing activities of CWC
- Warehousing activities of CWC includes food grain warehouses, industrial warehousing, custom bonded warehouses, container freight stations, inland clearance depots and air cargo complexes.
- CWC has 19 State Warehousing Corporations (SWCs) as its associates.
- CWC is 50% shareholder in the equity capital of the SWCs.
- As on 31.12.2019, these SWCs were operating 2055 warehouses with a total storage capacity of 354.85 lakh MT.
- Apart from storage and handling, CWC also provides services in the area of clearing & forwarding, handling & transportation, disinfestation, fumigation etc.
- CWC also offers consultancy services/ training to different agencies for construction of warehousing infrastructure.
Current warehouses operated by CWS & storage capacity
As a premier Warehousing Agency, CWCis operating 415 warehouses as on 31.12.2019 with a total storage capacity of 101.44 lakh MT including 25 Container Freight Stations (CFSs)/ Inland Clearance Depots (ICDs), 3 Air Cargo Complexes (ACCs), 2 Inland Check Posts (ICPs) at Petrapole and Attari and 3 Temperature Controlled Warehouses.