Question

i) mention 4 advantages of the buffer stock scheme?

ii) mention 4 advantages of the public distribution system?

Answer 1

Advantages of Buffer Stock Scheme:-


1) They reduce commodity price fluctuations.

2) There is a greater certainty in the market, leading to more investment.

3) They help to ensure provision of commodities for consumers, even in years of poor harvest.

4) Farming has positive externalities it helps to sustain rural communities.

Advantages of public distribution system

1) It has helped in avoiding hunger and famine by by supplying food from surplus regions of the country to deficient regions.

2) The system of minimum support price and procurement has contributed to increase in food grains production.

3) It has helped in stabilising food prices and making food available to consumers at affordable prices.

4).