Give a short note on buffer stock.
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Buffer stock refers to a reserve of a commodity that is used to offset price fluctuations and unforeseen emergencies. Buffer stock is generally maintained for essential commodities and necessities like foodgrains, pulses etc. The concept of buffer stock was first introduced during the IVth Five Year Plan (1969-74).
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Buffer stock is a type of policy which is introduced by government. It store the food which help us in future when there will be shortage of food
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