WHY IS A RESERVE STOCK OF FOOD GRAINS HELD BY THE GOVERNMENT AGENCIES
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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. The concept of buffer stock was first introduced during the IVth Five Year Plan (1969-74).
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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. The concept of buffer stock was first introduced during the IVth Five Year Plan (1969-74).
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