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Consider the following statements:
1. Central warehousing corporation is responsible for the construction and running of the go-downs for storage of agriculture products.
2. Central warehousing corporation of India was established in 1957.
Which of the statements given above is/are corrects?
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- 1 only
- 2 only
- 1 and 2
- Neither 1 nor 2
Correct Option: C
CWC is a Warehousing Agency in India, established in 1957. It provides logistics support to the agriculture sector. CWC is operating 464 Warehouses across the country with a storage capacity of 10.54 million tonnes the providing warehousing services for a wide range of products ranging from agriculture produce to sophisticated industrial products.