Question

what is buffer stock? how the government does use this stock to ensure food security in the country?

Answer 1

Buffer stock is the stock of food grains, namely wheat and rice procured by the government through Food Corporation of India (FCI). This is done to distribute food grains in the deficit areas and among the poorer strata of the society at a price lower than the market price also known as issue price.

Answer 2

Answer:

Buffer stock is the stock of surplus food grains procured by the government through FCI from the farmers.

Following are the ways in which this stock is used by the government to ensure food security in the country

(i) The government procures food grains through FCI from the farmers after paying them a pre-announced price for their produce in Minimum Support Price.

(ii) The FCI has its god owns all over the country. It stores the purchased grains in these god owns.

(iii) The food procured by FCI is distributed through government regulated ration shops among the poor sections of the society at a price lower than the market price.  

(iv) This also helps to resolve the problem of shortage of food during adverse weather conditions or during the periods of calamity.

(v) Any family with a ration card can buy 3 stipulated amount of food grains (rice and wheat) from the ration shops.

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