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Government has revised the minimum buffer stocking norms for foodgrains for the remaining period of the 10th Plan as per the following:-
(Figures in lakh tonnes)
Rice
Wheat
Total
1st April
122
40
162
1st July
98
171
269
1st October
52
110
162
1st January
118
82
200
The norms for the 9th Plan Period were as per the following:-
(Figures in lakh tonnes)
Rice
Wheat
Total
1st April
118
40
158
1st July
100
143
243
1st October
65
116
181
1st January
84
84
168
Food stocks are maintained by the central government to meet the prescribed minimum buffer stock for food security, for monthly releases of foodgrains for supply through the PDS and other welfare schemes, to meet emergent situations arising out of unexpected crop failure, natural disasters etc. and for market intervention to augment supply so as to help moderate the open market prices. The revision has been made on the recommendations of the 5th Technical Group on Buffer Stocking Policy under the Chairmanship of Secretary, Department of Food and Public Distribution.
SBK: CP
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