I.C. Chadda Deputy General Manager (Tech) Central Warehousing Corporation New Delhi
I.C. Chadda Deputy General Manager (Tech) Central Warehousing Corporation New Delhi
CHADDA
DEPUTY GENERAL MANAGER (TECH)
CENTRAL WAREHOUSING CORPORATION
NEW DELHI
THE PRESENTATION
FARMING COMMUNITY.
WAREHOUSES.
WAREHOUSE RECEIPT IS A
DOCUMENT OF TITLE TO GOODS
AS PER THE SALE OF GOODS ACT,
1930.
EXISTING WAREHOUSE RECEIPT SYSTEM
THE WAREHOUSING RECEIPTS AT PRESENT DO NOT ENJOY THE
FIDUCIARY TRUST OF DEPOSITORS AND BANKS, AS THERE IS
FEAR OF NOT BEING ABLE TO RECOVER THE LOANS IN EVENTS,
SUCH AS FRAUD, OR MIS-MANAGEMENT ON BEHALF OF THE
WAREHOUSE OR INSOLVENCY OF DEPOSITOR.
DATE OF ISSUE OF WR
STATEMENT THAT THE GOOD RECEIVED SHALL BE DELIVERED TO THE HOLDER OR TO THE
ORDER OF A NAMED PERSON
RATES OF STORAGE & HANDLING CHARGES
Cont…
WAREHOUSE RECIEPT
THAT THE RECIEPT WOULD BE VALID TILL THE EXPIRY OF DECLARED SHELF LIFE
SAMPLE CWC WAREHOUSE RECEIPT
WAREHOUSE RECEIPT SYSTEM
FARMER, EXPORTER,
TRADER, PROCESSOR
INSPECTION,GRADING,
INSURANCE
WAREHOUSE RECEIPT
REGULATION OF WAREHOUSING BUSINESS
WAREHOUSE MAN
GOVERNMENT
BENEFITS
FROM WDRA TO
STACKHOLDERS
TRADERS/IMPORTERS/ INSURER
EXPORTERS
LENDER
OPPORTUNITY – AGRI BUSINESS
FARMERS
AVAILABILITY OF BETTER STORAGE INFRASTRUCTURE &
STANDARDIZED STORAGE CHARGES.
WAREHOUSE MAN
ACCESS TO MARKETS.
LOW TRANSACTIONS COST.
HIGHER PROFITS.
NO EXTRA COST INVOLVED IN LOGISTICS, WAREHOUSING AND
HANDLING.
NO SERVICE LOCATION LIMITATION.
NO EXTRA COST INVOLVED IN RISK PERCEPTION.
BENEFIT TO LENDERS
REDUCE RISK.
EASY DISPOSAL.
BENEFITS TO GOVERNMENTS
EFFICIENT OPERATIONS.
FACILITATION OF FOOD SECURITY