• Page last updated on: 09 August 2022
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INTRODUCTION

Storage Division oversees policy related aspects aimed at ensuring sufficient storage capacity for Central Food Stocks. It also endeavours to facilitate logistic support to the Indian economy, especially for agricultural and notified commodities, through two CPSEs namely CWC and CRWC under its administrative control. It is also the administrative division for one Regulatory Authority (WDRA).

CENTRAL WAREHOUSING CORPORATION (CWC)

Central Warehousing Corporation (CWC), a Public Sector Undertaking set up on 02.03.1957 under this Department, is providing scientific storage facilities for agricultural implements & produce and other notified commodities. CWC is an ISO 9001:2008, ISO 14000:2004 and OHSAS 18001:2007 Certified Schedule ‘A’-Mini Ratna, Category – 1 Organization.

As on 31.10.2017, CWC was operating 433 warehouses with a total operational storage capacity of 99.06 lakh MT including 52 Custom Bonded Warehouses, 31 Container Freight Stations (CFSs)/ Inland Clearance Depots (ICDs),3 Air Cargo Complexes (ACCs) (5961 MT) and 3 Temperature Controlled Warehouses (0.02 lakh MT), providing services to the export/import trade.

FINANCIAL PERFORMANCE

( Rs. in Crore )

Year

Turnover

Expenditure

Profit Before Tax

Profit After Tax

Dividend (in lakh)

Rate on Equity

Amount (Rs. in Lakh)

2011-2012

1218.65

1059.53

159.12

100.46

40%

2718.96

2012-2013

1406.70

1197.47

209.23

139.55

41%

2786.93

2013-2014

1528.19

1271.72

256.47

161.05

48%

3262.75

2014-2015

1561.83

1301.77

260.06

182.12

54%

3670.70

2015-2016

1639.93

1356.37

283.56

197.82

88%

5981.80

2016-17

1606.29

1346.70

260.58

231.22

142%

9652.00

2017-18

(upto 31.10.2017)

(Unaudited)

887.53

814.55

72.98

54.75

-

-

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STATE WAREHOUSING CORPORATIONS (SWCs)

CWC has 19 associates, the State Warehousing Corporations (SWCs). The total investment of the Central Warehousing Corporation, which is 50% shareholder in the equity capital of the SWCs, as on 31.10.2017 was Rs. 61.79 crore. As on 01.10.2017 the SWCs operated 1787 warehouses with a total capacity of 273.41 lakh MT.

CENTRAL RAILSIDE WAREHOUSING COMPANY LIMITED (CRWC)

CWC has formed a 100% owned subsidiary company namely Central Railside Warehouse Company Ltd (CRWC) for development and spread over of Railside Warehouse Complexes (RWCs). The subsidiary was incorporated on 10.07.2007 and received certificate for commencement of business on 24.07.2007. As on 15.11.2017 CRWC was operating 19 RWCs with a total storage capacity of 3,32,099 MT.

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WAREHOUSING DEVELOPMENT & REGULATORY AUTHORITY (WDRA)

The Warehousing Development and Regulatory authority has been constituted on the 26.10.2010 under the Warehousing (Development & Regulation) Act, 2007. Its main function is to implement the Negotiable Warehouse Receipt System in the Country, to register Accreditation Agencies, Registration of Warehouses – having adequate facilities & safeguards satisfying financial, managerial & other criteria as prescribed by the WDRA, to promote scientific warehousing of goods, to improve fiduciary trust of depositors & banks, to enhance liquidity in rural areas and to promote efficient supply chains. The Warehousing Development and Regulatory Authority has undertaken a transformation Plan which envisages involvement of digital systems for its major activities.

Year-wise details of registered warehouses with the WDRA, NWRs issued and loan financed against NWRs as on 31.10.2017

SI No.

Year

No. of registered warehouses

No. of NWRs issued

Total value of commodities deposited against NWRs (Rs. In cores)

Total loan against NWRs (Rs. In crores)

1.

2011-12

240

8056

1356.32

591.00

2.

2012-13

92

8242

416.26

105.65

3.

2013-14

68

6121

583.02

108.02

4.

2014-15

234

16993

1160.66

388.42

5.

2015-16

588

15178

845.05

203.47

6.

2016-17

214

19350

719.13

148.40

7.

2017-18

98

6447

313.66

90.35

Total

1534

80387

5394.90

1635.30

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NATIONAL POLICY ON HANDLING, STORAGE AND TRANSPORATION OF FOODGRAINS

With a view to minimizing storage and transit losses and to introduce modern technology, the Government approved the National Policy on Handling, Storage and Transportation of Foodgrains in June 2000. Under this policy, integrated bulk handling, storage and transportation facilities to the tune of 5.5 lakh MTs at the following locations were created through private sector participation on Build-Own-Operate (BOO) basis. M/s Adani Exports Limited was selected as Developer-cum- Operator for the project. Silos were set up at following locations:

Circuit 1

Circuit 2

Location

Capacity (MT)

Location

Capacity (MT)

Base Depot

Moga

2,00,000

Base Depot

Kaithal

2,00,000

Field Depots

Chennai

25000

Field Depots

Navi Mumbai

50000

Coimbatore

25000

Hooghly

25000

Bangalore

25000

Total

2,75,000

Total

2,75,000