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The A.P.State Warehouse 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. 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.
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