Economy, asked by pratham8549, 10 months ago

write a short note on buffer stock​

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Answered by vikashkumar199
6

Answer:

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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