What is Buffer stock??????
In economics.....
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buffer stock is a system or scheme which buys and stores stocks at times of good harvests to prevent prices falling below a target range (or price level), and releases stocks during bad harvests to prevent prices rising above a target range (or price level).
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It is the stock of food grains namely wheat and rice procured by the government through. FCI.
The FCI purchase the food grains from the farmers where is surplus production.
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