What is buffer stock and why government is created it?
Answers
Answered by
8
Due to the following reasons, buffer stock is created by the government
(i) A buffer stock of food grains is created by the government, so that it can be distributed in food deficit areas and among the poorer strata of society at a price much lower than the market price.
(ii) A buffer stock also helps to resolve the problem1’ of food shortage during adverse weather conditions, a disaster or a calamity.
(iii) Maintaining buffer stock is a step taken by the government in order to ensure food security.
(i) A buffer stock of food grains is created by the government, so that it can be distributed in food deficit areas and among the poorer strata of society at a price much lower than the market price.
(ii) A buffer stock also helps to resolve the problem1’ of food shortage during adverse weather conditions, a disaster or a calamity.
(iii) Maintaining buffer stock is a step taken by the government in order to ensure food security.
Answered by
5
namely wheat and rice procured by the government through FOOD CORPORATION OF INDIA (FCI) . The FCI purchases wheat and rice from the farmers in states where there is surplus production. This is created to distribute foodgrains in the deficit areas and among poorer sections of society at a lower than the market price
Similar questions