Current & Waves

The warehousing industry is observing major changes in recent years. To mention few are as- The industry structure is transforming from fragmented and unorganized players to large organized players. The industry is observing great transformation in working from just storing to planning and executing the supply chain up to the end user. Increasing institutional investor participation in the sector. Implementation of automation   and smart warehousing solutions in warehouse operations. Sharing data and space from other players in the field. New R&D is being carried out to reduce the operational cost and increase the efficiency of warehousing activities. Government is also realizing the importance of the sector and has started to acknowledge the efforts put by the industry.   Apart from these innovation or trend few new process and technique are being used by the industry which in coming days will surely put it among the most organized sector. One such proce...

Food security bill is a good attempt by the government to ensure food and nutritional security to all. The bill is designed to extend subsidized food to pregnant women and children under the age of 16. The bill will ensure the security to almost 67% of population at the subsidized rate of Rs. 1-3. The eligible population will get 5 kg in total of rice, wheat, pearl millet and sorghum per month. Rice @ Rs. 3/kg, Wheat @ Rs. 2/kg and coarse cereals @ Re 1/kg. Being a nationwide project it will cost from 0.8% to 1.1% of GDP. The government says it will provide 62 million tonnes of food a year under the bill and the size of the subsidy is estimated around $24 billion. Now the population is increasing geometrically, value of currency is declining, inflation is increasing so the operating cost will also increase. These all means more expense on subsidy annually. Down the line viability of this project seems under the banner of question mark. Not only the budget part its implementation ...

Trade isn't about goods. Trade is about information. Goods sit in the warehouse until information moves them.   (Unknown) A  warehouse  is a  commercial building  for storage of  goods . Warehouses are used by  manufacturers ,  importers ,  exporters ,  wholesalers ,  transport  businesses,  customs , etc. They are usually large plain buildings in industrial areas of cities and towns and villages(Source- Wikipedia). This is the simple definition of warehouse, but its importance and working system is not that plain. It helps all segments of market right from producer to consumer.  Farmers usually don't get the price which they should get. In lump sum we can say the return on investment part for farmers in most of the cases has been discouraging. Why does such problem occurs?  The main reason is glut of farm produce, which mismatches the demand and supply.  What could be the possible so...