Introduction to Buffer Stock Buffer stock refers to reserves of essential commodities that are maintained by the government to ensure market stability and prevent shortages. This concept is crucial in economic terms as it helps to stabilize prices, manage supply and demand fluctuations, and ensure the availability of critical goods…
-
-
Why Buffer Stock is Created by the Government in India
why buffer stock is created by the government Buffer stock refers to the stock of essential commodities, such as food grains, that is maintained by the government to stabilize prices and ensure the availability of these commodities in the market. In India, the government creates buffer stock to address various…