APSWC

A.P. State Warehousing Corporation was established in August, 1958 under Sub-Section 1, Section 18 of the Warehousing Corporation Act, 1958 (Central Amended Act of 1962) enacted by the Parliament. APSWC is a Corporation having 50% Share Capital by Central Warehousing Corporation and 50% share capital by the Govt. of A.P. It has its Corporate Office at Hyderabad with 8 Regional Offices and 135 Warehouses scattered all over the state.

The Warehousing Scheme envisages providing storage facilities for food grains and other agriculture commodities, seeds, manures and fertilizers to minimize losses and deterioration in storage. The scheme also aims to enable farmers to have easy and cheap credit facilities from Banks against pledge of the Warehouse Receipt to improve the holding capacity of the producer to avoid distress sales in harvesting seasons. To realize the above objectives, the Warehousing Corporation is empowered to a acquire and build Warehouses for storage of Agricultural produce, seeds, fertilizers and other notified commodities and also to act as an agent of the Central Warehousing Corporation or of the Government, for the purpose of purchases, sales storage, distribution etc., of Agricultural Commodities in time of need.