Thursday, August 29, 2019

Government starts operation of its own CFS in Kolkata

Minister of Industry, Commerce and Supplies Matrika Prasad Yadav today inaugurated the container freight station (CFS) built by Nepal at Kolkata dry port in India. The CFS came into operation from today itself.
The private sector has expressed its gratitude towards the government for operating its own CFS, according to a press note issued by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) today. FNCCI vice president Kishor Kumar Pradhan also participated in the inauguration ceremony of the CFS. Other high ranking officials from the Ministry of Industry, Commerce and Supplies and Kolkata dry port and other Nepali stakeholders also took part in the inauguration ceremony, the FNCCI press note reads, adding that CFS is a warehouse, where goods carrying vehicles are kept to complete the legal process of import and export. “This initiative of the government will reduce the extra charges that Nepali traders have been paying for the import and export of goods via Kolkata dry port.”
The FNCCI had been requesting the government for this facility since long,” the press note reads, adding that the government has finally brought its own CFS into operation and FNCCI believes that this initiative will provide some respite to Nepali traders. “With the government’s own CFS, Nepali traders can now store their cargo containers at a cheaper rate.”
The statement adds that the CFS has the capacity to store around 500 containers.
Kolkata dry port was charging Rs 45 to Rs 65 Indian Currency (IC) per tonne per day from Nepali importers. However, after the operation of the Nepal government-owned container freight station (CFS), Nepali importers can now store their goods at half the amount, the press note adds.
Earlier, the government had launched the electronic cargo tracking system on February 15 to clear cargo vehicles coming via Kolkata dry port.

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