Elucidate the importance of buffer stocks for stabilizing agricultural prices in India. What are the challenges associated with the storage of buffer stock? Discuss
Buffer stocks are reserves of essential commodities, aimed at stabilizing agricultural prices and ensuring food security. India currently maintains over 80 million tonnes of buffer stock, well above the norm set by the Buffer Stocking Policy (around 30-40 million tonnes), managed primarily by the Food Corporation of India (FCI). Importance of buffer stocks for stabilizing… Continue reading Elucidate the importance of buffer stocks for stabilizing agricultural prices in India. What are the challenges associated with the storage of buffer stock? Discuss