PSU NEWS
CWC contributes rs. 5.65 crores to the PM Cares Fund
New Delhi: Central Warehousing Corporation (CWC),a PSU under the Ministry of Consumer Affairs, Food & Public Distribution, has contributedRs.5.65 crores (Rs.5.00crore from CSR fund and employees’ voluntarily contribution of one day salary, Rs.65.42 lakhs)to the PM CARES Fund, created following the Covid-19 pandemic, for combating, containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future.
CWC has also deferred the storage tariff revision by three months, i.e. till 30th june’2020, to provide economic relief to its valued depositors, who are suffering from the financial stress caused by COVID-19. In the process,CWC willbear the financial impact of about Rs.7.50 crores on this account.
CWC has kept its Central Warehouses (CWs), open for distribution of food grain and other essential commodities, at about 400 locations, PAN India level and its employees are working against all odds for ensuring uninterrupted supply of essential commodities from / to CWs. During the10 days of Covid-19 lockdown, CWC has handled 161 rakes, in 11 states and 6.51 Lakh MT food grain to the demand via Public Distribution System (PDS).
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