Govt could repeal Warehousing Companies Act, 1962, paving manner for its disinvestment

The Central Warehousing Company (CWC), a Schedule ‘A’ Mini Ratna firm, could also be corporatised on the strains of Indian Airways earlier than it’s divested or privatised after repealing the Warehousing Companies Act, 1962. The CWC was constituted underneath the Act. Nonetheless, the disinvestment could also be difficult since CWC holds 50 per cent stake … Read more