Public bonded warehouse policy: state warehousing corporations may operate only where central warehouse is absent, subject to no-objection. State Warehousing Corporations may be appointed as public bonded warehouses only where the Central Warehousing Corporation does not operate at that station, and applications must include a no-objection certificate from the CWC. Appointments are to be made under the statutory provisions for public bonded warehouses, restricted to industrial areas where justified. The Board's earlier instructions are modified accordingly, and a monthly report of appointments in favour of CWC and SWCs must be sent to the Board.