About the Meghalaya State Warehousing Corporation

The Meghalaya State Warehousing Corporation was established after being bifurcated from Assam State Warehousing Corporation in the year 1975, under the Warehousing Corporation Act, 1962 enacted by the Parliament for the purpose of Warehousing of agricultural produce and certain other commodities and for connected matters. The Meghalaya State Warehousing Corporation was established w.e.f. 30th March 1973.

Unlike other State Government undertakings, the Meghalaya State Warehousing Corporation has two shareholders viz, Central Warehousing Corporation and the State Government in 50:50 basis. The main source of funding of the Corporation is share Capital contributions from its shareholders. The Authorised Share Capital of the Corporation is Rs. 10.00 Crores. The total paid up share capital of the Corporation as follows:

1. Central Warehousing Corporation      -           2.135 Crores
2. State Government                           -           6.735 Crores
   Total                                               -           8.871 Crores

The Corporation at present has a total Storage Capacity of 18,200 metric tonne at different District of the State. The storage capacity is utilised by Food Corporation of India as well as other private parties.