Question

what is buffer stock why is it needed

Answer 1

Buffer Stock. From Arthapedia. Buffer stock refers to a reserve of a commodity that is used to offset price fluctuations and unforeseen emergencies. Buffer stock is generally maintained for essential commodities and necessities like foodgrains, pulses etc.

Answer 2

Buffer Stock. Buffer stock refers to a reserve of a commodity that is used to offset price fluctuations and unforeseen emergencies. Buffer stockis generally maintained for essential commodities and necessities like foodgrains, pulses etc