The book discusses in detail the performance of OSWC with regard to physical, financial and human resources. These aspects are presented in a simple, lucid and precise manner. I hope this book will be of immense help to a wide section of readers particularly the OSWC which could improve the performance by adopting the valuable suggestions provided in the book.
Table of Contents
Introduction and Methodology - Warehousing Business in India - A Brief profile of the Orissa state warehousing corporation Analysis of physical performance of the OSWC - Analysis of Financial performance of the OSWC - Analysis of Human Resource performance of the OSWC - Summary of the Findings and suggestions
Review from Venkadesh Narayanan, Principal Consultant, Fhyzics
My below review is on Chapter-1 of this book:
This is one of the well written books in India about warehousing in India and the focus on the function of the three major organisations that are Food Corporation of India (FCI), Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWC). Hence the warehousing product focus is on agricultural commodities as the above organisations are primarily deal with agriculture.
The book gives an overview of the Central Warehousing Corporation, which I modified in this paragraphs to reflect the current data. CWC was established in the year 1957 and governed by the Central Warehousing Act 1962. CWC is operating 432 warehouses across India and has a storage capacity of about 10 million tonnes. CWC’s activities include food grain warehouses, industrial warehousing, custom bonded warehouses, container freight stations, inland clearance depots and air cargo complexes. CWC also advises the Central, State and Public Sector Enterprises on warehouse construction and operation. CWC has 15 regional offices across India to better serve.
The author quotes a study by D.S.Sidhu that in case of rice farmers get only 53% of the value, 31% goes to the middlemen and the rest 16% is the market cost. The author cites various studies conducted by researches, consulting firms, government agencies and parliamentary committees.
The mission of setting these warehouses for the agri commodities is to provide two-distinct help to the farmers. One, to provide a scientific storage space to protect the commodity and to get a better value for the produce. Second, the farmers can deposit their produce at these warehouse and can get a Warehouse Depositary Receipts against which they can borrow money from banks rather than the middlemen at exorbitantly higher interest rates.