Q6. Assertion - Buffer stock is the extra stock of food grain which is maintained for emergency conditions. Reason - If there is scarcity of water or irregularity in monsoon or crop failure due to any reason, buffer stock helps to overcome such situation.
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The Food Corporation of India (FCI) is the main agency for procurement, storage and distribution of food grains. In addition to the requirements of wheat and rice under the Targeted PDS, the Central Pool is required to have sufficient stocks of these in order to meet any emergencies like drought/failures of crop, as well as to enable open market intervention in case of price rise.
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