Buffer Stocks and Food Security

Ordinarily, in India, there are two major food security ways to ensure it. One is the buffer stock and another is the Public Distribution System. Both are the most essential pillars of food security. The security of the food is a security that is secured by the government with special schemes and the national food security act. Apart from this, the public distribution system is a good food security system in India which is entirely set up to secure the people through unexpected troubles and other influences of the food. The PDS is established in India under the Ministry of Consumer Affairs, Food, and Public Distribution. Also, the Buffer stock is pertinent to a replacement of an item that is utilized to compensate for price changes and unexpected predicaments. It is typically kept for crucial commodities and essentials like, rice, food grains, pulses, etc. Get more info from here. 

Buffer Stocks

Buffer stocks are usually a stock of food grains. It is managed by the Food Corporation of India (FCI). This is essentially procured several food grains such as rice and wheat. It is brought from the farmers especially to get the surplus production. Apart from this, the buffer stock is a technique or method that purchases and stockpiles stocks in terms of good yields to control prices declining below a mark field or price level and terminates stocks at the time of insufficient crops to control costs inflating above a target price level and specific range. So, it balances the change in the production of a provided harvest, so that the costs can stay unchanging.

At the time of the surplus production of the various items by the farmers, the food corporation of India buys the wheat and rice and procures it from the farmers with the MSP. In this case, the farmers do not have to face a negative situation and struggle to produce more. During the deficit of wheat and rice, our government of India FCI has released the buffer stock in various phases. 

Buffer Stock Policy in India 

The National food security act concept was presented in the 4th and 5th-year project (1969-74). So, the buffer stock of food grain was to be kept by the food corporation of India. It is established on behalf of the Government of India. In spite of this, it is generally established to complete the monthly avoidance of food grains for stockpiling via the Public Distribution System, Other Welfare Schemes, and TPDS to satisfy crisis problems appearing out of spontaneous casualties like natural disasters, crop negligence, etc. Also, it is good for demand intervention to increase supply. It is happening especially if there is a deficit in the production of food grains. As a result, the open market costs are negotiated.

Food Security

The meaning of food security has become over the years. Apart from this, food security was invented in the mid-1970s. It is useful in the wake of the international food crisis. The most pivotal focus of concentration was ensuring the availability and to some extent the price strength of essential foodstuffs at the multinational and national levels. It was more than enlarged to contain the demand of the various peoples for food security in the eighties. At the time of the nineties, problems such as food safety, food nutrition, dietary requirements, and food choices were likewise deemed consequential elements of food security. 

• The food security card is a legal document that is given by the state governments of India. Apart from this, there are other benefits also provided by the government to successfully cope with the occurring issue. Apart from this, food Security usually expresses four major ways to food security. These are utilization, availability, access, and stability.
• To complete all the above standards demands not exclusively an acceptable pool of food but also sufficient buying power capability with the person or family to require a sufficient level of food.

Conclusion

FCI  is operated by India’s government ministries. Our State Indian government is providing a food security card to the householders and another scheme to secure the food from threats. Usually, there are two main pillars to securing the food: one is the buffer stock and the other is the PDS. The PDS is established in India under the Ministry of Consumer Affairs, Food, and Public Distribution. Also, the Buffer stock is pertinent to a replacement of an item that is utilized to compensate for price changes and unexpected predicaments. So, that’s all about it, you can get more info about it through the link above.