What is buffer stock.....???
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A buffer stock is a scheme of government plan to stabilize prices in volatile markets. This requires intervention buying and selling
Stabilize prices
Ensure supply of food
Prevent farmers/producers going out of business because of drop in prices
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✳️Buffer Stock✳️
▶️a reserve of a commodity that can be used to offset price fluctuations.
▶️Buffer stock is a reserve of a commodity that can be used to offset price fluctuations and in case of natural disaster.
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