Why buffer stock is created by the government?
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A buffer stock of food grains is created by the government so that it can be distributed in the food deficit areas and among the poorer strata of the society at a price much lower than the market price. A buffer stock also helps to resolve the problem of food shortage during adverse weather conditions, disaster or calamity. Thus maintaining buffer stock is a step taken by the government in order to ensure food security.
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(i) A buffer stock of food grains is created by the government, so that it can be distributed in food deficit areas and among the poorer strata of society at a price much lower than the market price. ... (iii) Maintaining buffer stock is a step taken by the government in order to ensure food security.
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