What are the differences between Buffer Stock and Public Distribution System?
Answers
the buffer stock is a commodity which is reserved by government and used when price rises and if country is facing drought.
but in the public distribution system the government provide food monthly on the basis of family members
Answer: Buffer stock is the stock of food grains, namely wheat and rice procured by the government through Food Corporation of India (FCI).the FCI purchase wheat and rice from the farmers in states where there is surplus production. The farmers are paid a pre-announced price for their crops. This price is called minimum support price.
This is done to distribute foodgrains in the deficit areas and among the poorer strata of society at a price lower than the market price also known as Issue price. This also helps resolve the problem of shortage of food during adverse weather conditions or during the periods of calamity.
And another hand Public distribution system means food procured by the FCI is distributed through government regulated ration shop among the poorer section of society this is called the public distribution system,ration shop also known as fair price shop.
Explanation: