write five points on buffer stock
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The concept of buffer stock was first introduced during the IVth Five Year Plan(1969-74).
Buffer stock of food grains in the Central Pool is maintained by the Government of India (GOI) / Central Government for
i. meeting the prescribed minimum buffer stock norms for food security,
ii. monthly release of food grains for supply through Targeted Public Distribution System (TPDS) and Other Welfare Schemes (OWS),
iii. meeting emergency situations arising out of unexpected crop failure, natural disasters, etc., and
iv. price stabilisation or market intervention to augment supply so as to help moderate the open market prices.
V. The Cabinet Committee on Economic Affairs fixes the minimum buffer norms on quarterly basis: i.e as on 1st April, 1st July, 1st October and 1st January of every financial year. The latest norms set may be seen here. On 15 December 2015,
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The concept of buffer stock was first introduced during the IVth Five Year Plan(1969-74).
Buffer stock of food grains in the Central Pool is maintained by the Government of India (GOI) / Central Government for
i. meeting the prescribed minimum buffer stock norms for food security,
ii. monthly release of food grains for supply through Targeted Public Distribution System (TPDS) and Other Welfare Schemes (OWS),
iii. meeting emergency situations arising out of unexpected crop failure, natural disasters, etc., and
iv. price stabilisation or market intervention to augment supply so as to help moderate the open market prices.
V. The Cabinet Committee on Economic Affairs fixes the minimum buffer norms on quarterly basis: i.e as on 1st April, 1st July, 1st October and 1st January of every financial year. The latest norms set may be seen here. On 15 December 2015,
HOPE IT HELPS YOU
MARK ME ON BRAINLIEST
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1.Buffer stock refers to a a reserve of commodity tht is used to offset price fluctuations .
2.It is used when there is necessity of food frains,pulses etc.
3.Have stable prices which hlp farmers
4.work effectively only for storable commodities.
5.hlps when food is not available at proper amt to poor people in ration shops monthly
2.It is used when there is necessity of food frains,pulses etc.
3.Have stable prices which hlp farmers
4.work effectively only for storable commodities.
5.hlps when food is not available at proper amt to poor people in ration shops monthly
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