What are the objectives of buffer …

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What are the objectives of buffer stock

Posted by Ashwin Anil 6 years, 11 months ago

CBSE > Class 09 > Social Science

1 answers

Yogita Ingle 6 years, 11 months ago

The main objective of the buffer stock is to distribute the foodgrains in the deficit areas and among the poorer strata of society at a price lower than the market price.
The second objective of the buffer stock is to resolve the problem of shortage of food during adverse weather conditions or during the period of calamity.
The third important objective of the buffer stock is to save the farmers from ups and downs of the market. Under this farmers are paid a preannounced price for their crops. This price is declared by the government before the sowing season to provide incentives to the farmers.
Buffer stocks are also created by the government to maintain uninterrupted supply of foodgrains throughout India and throughout the year.

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