ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-Rethinking on Buffer-Stocks

Rethinking on Buffer-Stocks B M cumulated in government godowns while large masses of people have to go without enough food. The government has been staking measures in recent months to stimulate demand for foodgrains in the open market. The zonal restrictions and controls on consumption have been relaxed with that end in view. But these measures have no more than touched the fringe of the problem. The question of exporting foodgrains, especially wheat, was considered at one time. But this was given up because of the possible adverse popular reaction to the export of foodgrains. The proposals now being actively canvassed are for unloading some part of the buffer-stock in the open market by various ways. Plans are being worked out to dispose of at least three million tonnes of foodgrains from the buffer by March next, over and above the present level of offtake from the public- distribution system. Two specific proposals in this connection are, first, to remove the zonal system altogether and, second, to just give grains to the traders at the procurement price for disposal in the open market. The wheat surplus states are still reluctant to agree to the removal of zonal restrictions. But they are expected to soon fall in line.

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