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 on 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.5.00 Crores. The total paid up share capital of the Corporation is as follows :

1. Central Warehousing Corporation      -           1.225 Crores
2. State Government                            -           1.135 Crores
   Total                                               -           3.360 Crores

The Corporation at present has a total Storage Capacity of 17,700 metric tonne at different district of the State. The storage capacity is utilised by Food Corporation of India as well as other private parties.