2405:201:6007:5027:7CEE:2D4:3DB1:BB10 at 02:03, 7 June 2021

2021-06-07T02:03:54Z

New page

{{short description|Indian logistic company}}
{{EngvarB|date=February 2017}}
{{Use dmy dates|date=February 2017}}
{{Infobox company
| name = Central Warehousing Corporation
| logo =
| type = [[Government of India]]
| genre =
| fate =
| predecessor =
| successor =
| foundation = 1957
| founder = [[Govt of India]]
| defunct =
| location_city =
| location_country =
| location = "Warehousing Bhawan" 4/1 Siri Institutional Area, August Kranti Marg, New Delhi, India
| locations =
| area_served = [[All India]]
| key_people =Sh. D.V Prasad,Chairman;
* Sh. Arun Kumar Srivastav M.D.
* ................, Director (MCP)
* Sh. Savari Muthu Charles, Director (Finance),
* Sh. R.K. Sinha, Director(Personnel)

Senior Executives (HODs) at Corporate Office, New Delhi

# Lt Col SC Chaturvedi, Group General Manager(Technical, Inspection & Q.S)
# Sh. M K Verma, Group General Manager (Com)
# Sh. Anil Manik Rao,Group General Manager (System)
# Sh. R R Aggarwal,Group General Manager (Finance)
# Sh. Somnath Acharya, General Manager(Personnel)
# Sh. Amit Puri , GM(F&A) (additional charge of Secretary)
# Sh. RS Raperia (Chief Engineer)
# Sh. A K Malhotra, Dy.General Manager (Tech.)
# Sh. Pawan Kumar, Dy. General Manager (Personnel)

| industry = [[Government-owned corporation]]
| products = Mainly agricultural produce, Industrial raw-materials, finished goods
| production =
| services = Govt Policy Execution
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees = 2700 (appx)
| parent =
| divisions =
| subsid =
| homepage ={{url|cewacor.nic.in/index.htm}}
| footnotes =
}}
'''Central Warehousing Corporation''' is a '''statutory body''' which was established under ‘The Warehousing Corporations Act, 1962. Its aim is to provide reliable, cost-effective, value-added, integrated warehousing and logistics solution in a socially responsible and environment friendly manner.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.<ref name="ET-Bill-in-Lok-Sabha">{{cite news |url=http://articles.economictimes.indiatimes.com/2011-12-08/news/30490341_1_cwc-section-independent-body |title=Bill in Lok Sabha to make Central Warehousing Corporation independent body |date=8 December 2011 |newspaper=The Economic Times |accessdate=2 July 2012}}</ref><ref name="The-Hindu-Bill-CWC">{{cite news |title=Bills on CWC and Exim Bank introduced |date=8 December 2011 |newspaper=The Hindu}}</ref> Services include [[Food grain|foodgrain]] warehouses, industrial warehousing, custom bonded warehouses, container freight stations, inland clearance depots and aircargo complexes.

==Function==
The Warehousing Corporation act, 1962:Subject to the provisions of this Act, the Central Warehousing Corporation may:<ref>[http://www.helplinelaw.com/docs/THE%20WAREHOUSING%20CORPORATIONS%20ACT,%201962/CHAPTER%20II%20THE%20CENTRAL%20WAREHOUSING%20CORPORATION The Warehousing Corporations Act, 1962]</ref>

*Subscribe to the share capital of a State Warehousing Corporation;
*Act as 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.

The Warehousing Corporation (Amendment) Bill, 2011 has been proposed in the [[Lok Sabha]] by the [[Ministry of Consumer Affairs, Food and Public Distribution (India)|Ministry of Consumer Affairs, Food and Public Distribution]] seeking to make Mini-Ratna company Central Warehousing Corporation (CWC) an independent body without government being a guarantor.<ref name="ET-Bill-in-Lok-Sabha"/><ref name="The-Hindu-Bill-CWC"/><ref>{{cite web |url=http://www.sify.com/news/17-bills-passed-by-during-winter-session-of-parliament-news-politics-mbdx4Heihea.html |archive-url=https://web.archive.org/web/20120104103200/http://www.sify.com/news/17-bills-passed-by-during-winter-session-of-parliament-news-politics-mbdx4Heihea.html |url-status=dead |archive-date=4 January 2012 |title=17 Bills passed by during winter session of Parliament |date=3 January 2012 |publisher=Sify |accessdate=2 July 2012}}</ref>

==Operation==
CWC operations include scientific storage and handling services for more than 400 commodities include Agricultural produce, Industrial raw-materials, finished goods and variety of hygroscopic and perishable items.

* Scientific Storage Facilities for commodities including hygroscopic and perishable items through network of 421 warehouses in India with its 2880 trained 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.<ref>http://cewacor.nic.in/index.htm</ref>
CWC 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 containerised movement of import/export cargo are provided.
The Warehousing Corporation is empowered to acquire and build Warehouses for 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.<ref>[http://www.aponline.gov.in/apportal/departments/departments.asp?dep=01&org=14&category=about A P State Warehousing Corporation] {{webarchive |url=https://web.archive.org/web/20111106043150/http://www.aponline.gov.in/apportal/departments/departments.asp?dep=01&org=14&category=about |date=6 November 2011 }}</ref> Though it has been criticised for lack of manpower and technologically equipped warehousing facility.<ref>{{cite news |url=http://www.assamtribune.com/scripts/detailsnew.asp?id=jan0712/state05 |title=State to procure paddy on its own |date=6 January 2012 |newspaper=The Assam Tribune |accessdate=2 July 2012 |url-status=dead |archiveurl=https://web.archive.org/web/20120111080433/http://www.assamtribune.com/scripts/detailsnew.asp?id=jan0712%2Fstate05 |archivedate=11 January 2012 |df=dmy-all }}</ref>

==References==
{{Reflist}}

==External links==
*[http://cewacor.nic.in/services.htm/ CWC India Official website]
{{Logistics companies of India}}{{Public Sector Undertakings in India}}

{{authority control}}

[[Category:Government-owned companies of India]]
[[Category:Companies based in New Delhi]]
[[Category:Business services companies established in 1956]]
[[Category:Logistics companies of India]]
[[Category:Ministry of Consumer Affairs, Food and Public Distribution]]
[[Category:Warehouses]]
[[Category:Indian companies established in 1956]]
[[Category:1956 establishments in Delhi]]

Central Warehousing Corporation - Revision history

2405:201:6007:5027:7CEE:2D4:3DB1:BB10 at 02:03, 7 June 2021