Question

Explain buffer stock and activities related to the creation for buffer stock.​

Answer 1

Explanation:

Activities related to creation for buffer stock.Buffer Stock was mainly created to distribute food grains among the poorer sections of people at a price lesser than the market price.his was done to resolve he problem of food grains during the times of calamity or crisis.

Answer 2

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⏩ Buffer stock is the stock of food grains, namely wheat and rice procured by the government through Food Corporation of India (FCI). This is done to distribute food grains to the society at a price lower than the market price.

→Buffer stock helps to resolve the problem of shortage of food grains during adverse weather conditions or during the periods of calamity.

⏩ Activities related to the creation of buffer stock:-

☞ The FCI purchases wheat and rice from the farmers in states where there is surplus production.

☞ The farmers are paid a pre-announced price for their crops known as Minimum Support Price (MSP).

☞ The MSP is declared by the government every year before the sowing season to provide incentives to the farmers for raising the production of these crops.

☞ The purchased food grains are stored in granaries.

☞ This helps to resolve the problem of shortage of food grains during adverse weather conditions or during the periods of calamity.

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