Economy, asked by sidharthkapurkar, 1 year ago

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

Answers

Answered by SejalShirat
8
》Here it is....
₩₩ Buffer Stock-It is the stock of food grains namely the wheat and rice procured by the government through FCI Food Corporation of India,it was created by the government as this is done to distribute food grains in the deficit areas and among the poor state of society at a lower price than the market price also known as Issue Price,this also helps resolve the problem of shortage of food during adverse weather condition for during the periods of calamity.

sidharthkapurkar: brilliant
SejalShirat: Really thnx..
Answered by mohammadshad78610
2

FCI purchases surplus production of wheat and rice from the farmer and stored in a large granary are known as buffer stock.

Buffer stock is created by government-----

* In order to resolve food shortage problem during adverse weather conditions.

* To distribute food grains( like wheat, rice) in the deflect areas. This is done to ensurere availability of food in each area of the country.

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