Piyush Goyal directs Central Warehouse Corporation to double its storage capacity

Economy


Food and consumer affairs minister Piyush Goyal, on Tuesday, told Central Warehouse Corporation (CWC) to double its warehouse storage capacity to 25 million tonnes by end of year 2023. He also directed the corporation to clock turnover of Rs 10,000 crore by 2024-25.

He said that CWC should build modern silos for wheat and rice storage all over the country so that maximum grains could be stored in the country for a longer period.

“CWC, along with Food Corporation of India (FCI) must plan for 100% storage of wheat in silos within 30 days. CWC shall also take up a study along with FCI to rope in the best technology available in the world for storage of rice also,” Goyal said

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He said that the corporation should also work with Nafed on creating a capacity of two lakh tonnes of onions in cold storage.

“It should focus on creating cold storage capacities for potato and tomato also as these are highly sensitive commodities,” he said.

Goyal, while reviewing the functioning of CWC, advocated for according freedom to the corporation for setting up of warehouses and fixing tariff.

“Tariff rationalisation and setting of warehouses should be done independently without any bureaucratic interference. The decision making power regarding operations should be delegated to the CWC,” Goyal said.



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