what is buffer stock
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A buffer stock scheme is an attempt to use commodity storage for the purposes of stabilising prices in an entire economy or an individual market. Specifically, commodities are bought when a surplus exists in the economy, stored, and are then sold from these stores when economic shortages in the economy occur
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Buffer stock is a scheme in which govt. buys goods and commodities and keeps or stores it as stock ... When there is a price hike or a bad harvest , these are released in the market to prevent or avoid high prices and price hike
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