Sunday, August 1, 2021

Union Cabinet has approved merger and transfer all assets, liabilities, rights and obligations of Central Railside Warehouse Company Limited (RWC) with Central Warehousing Corporation (CWC). It will unify similar functions of both the companies through a single administration to promote efficiency, optimum capacity utilization, transparency, accountability, ensure financial savings and leverage railway siding for new warehousing capacities. It is estimated that management expenditure of RWCs will come down by five crore due to savings in the corporate office rent, salary of employees and other administrative costs. The capacity utilization of RWCs will also improve as there will be potential for CWC to store commodities other than commodities of cement, fertilizer, sugar, salt and soda being stored presently. The merger will facilitate setting up of at least 50 more Railside warehouses near the goods-shed locations. This is likely to generate employment opportunities equivalent to over 36 thousand mandays for skilled workers and over 9.12 lakh mandays for unskilled workers. The merger is expected to be completed within eight months.

Over 29 crore 68 lakh vaccine doses have been provided to States and UTs so far, through Central Government free of cost channel and direct state procurement category. More than one crore 92 lakh COVID vaccine doses are still available with the States and UTs. Union Health Ministry said, over 39 lakh vaccine doses are in the pipeline and will be sent to the States and UTs within the next three days.

As part of the Nationwide Vaccination Drive, Centre has been supporting the States and UTs by providing them COVID vaccines free of cost. In the new phase of the universalisation of the vaccination drive, the Central Government will procure and supply free of cost 75 per cent of the vaccines being produced by the vaccine manufacturers in the country to States and UTs.

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