West Bengal State Warehousing Corporation (WBSWC) is a corporate body constituted in 1958 under a Parliamentary Act titled "Agricultural Produce (Development and Warehousing) Act 1956". Later it was replaced by the Warehousing Corporation Act 1962 and it is presently guided by the West Bengal State Warehousing Corporation Rules 1974. It is jointly owned by the Government of West Bengal and Central Warehousing Corporation (CWC) with both parties having 50% share holding.
The primary objectives of the Corporation is to eradicate rural indebtedness by making provisions for easy credit facilities to the producers through the pledgement of Warehousing Receipts in the Banks in order to avoid distress sale immediately after harvest and to make provisions for an ideal and scientific storage facilities for the stocks to eliminate loss during storage.
At present West Bengal State Warehousing Corporation is functioning with a net work of 30 warehouses scattered all over the state of West Bengal except in the districts of Purulia and Birbhum with a constructed capacity of 1.37 lac M.T. and a hired capacity of 0.78 lac M.T.
The Corporation acquired land at 20 locations. Construction of 17 locations have so far been made and that on the rest three locations are under active consideration of the management.
West Bengal State Warehousing Corporations runs 5 Custom Bonded Warehouses in Kolkata area out of which 2 are fully bonded and 3 is partly bonded.
The Corporation is also considering to actively diversify its activities to some related areas such as Clearing and Forwarding Services, Logistic Services and Renting of office spaces.
The Corporation also runs five Custom Bonded Warehouse in an around Kolkata, out of which one is fully Bonded and rest are partly Bonded