Question

what is buffer stock ? why was it created by the government?

Answer 1

Buffer stock is the stock of foodgrains namely wheat and rice procured by the govenment through food corporation of india.To provide food in deficit areas and among the poorer strata of society at a price lower than the market price.

Answer 2

buffer stock is a stock of food grains especially wheat and rice procured by govt. of India through food corporation of India. This is done to distribute food grains in the deflict areas and among the poor strata of society at a price lower than the market price also known as issue price.......
Hope this helps !!