The introduction of Warehouse (Development & Regulation) Act, 2007 marks the beginning of a new charter to empower the farmers of India. The enactment of the Act makes the warehouse receipts negotiable, thereby accords an opportunity to farmers towards safekeeping of farm goods in accredited warehouses and further safeguards financial institutions by mitigating risks inherent in credit extension to farmers. These enabling provisions, a long felt need of the industry, have the potential to render warehouse receipts as a prime tool of trade, improve the lending portfolio of banks and further, enhance the interest of lending institutions in ensuring credit with reference to goods in warehouses.

The act envisions establishment of Warehousing Development and Regulatory Authority (WDRA) to establish accreditation agencies for warehouse registration and regulate the warehouse receipt system. The Act is of enhanced significance to warehouse owners, both in public & private domain, commodity exchanges & traders, banking & insurance institutions and logistics operators.

With this backdrop, The Department of Food & Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution, Government of India in association with the Central Warehousing Corporation [CWC], Food Corporation of India [FCI] and Federation of Indian Chambers of Commerce and Industry [FICCI] is organizing Warehousing 2008: The Warehousing (Development & Regulation) Act 2007 - Issues and Challenges as per the following schedule

Date      : September 12 - 13, 2008
Venue    : Vigyan Bhawan, Maulana Azad Road, New Delhi.