Objectives of Buffer Stock in India

 

  • For meeting the prescribed minimum buffer stock norms for food security
  • For monthly release of food grains for supply through Targeted Public Distribution System (TPDS) and Other Welfare Schemes (OWS)
  • For meeting emergency situations arising out of unexpected crop failure, natural disasters, etc.
  • For the purpose of Price stabilisation or market intervention to augment supply, so as to help moderate the open market prices.
  • The crops are procured at MSP so that the farmers do not suffer negatively for producing more.
    • In times of deficit, government releases the buffer stocks in a phased manner so that interests of the consumers do not suffer, and they are able to meet their nutritional requirements at reasonable prices