Question

What is buffer stock? Why is it needed?​

Answer 1

✔➡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. Buffer Stock Policy of the Government of India (GOI)

Answer 2

buffer stock is a stock of food grains procurred by the FCI i. e., food corporation of India from the areas where there is surplus production on the prices that are announced by the government before the sowing season.
it is needed during starvation, natural calamity etc.


hope it helps