what do you mean by buffer stock and who maintains it?

Buffer stock is extra stock which is maintained to meet the unexpected demands arising due to low production or emergency etc.

Buffer stock can be maintained of any good but its more common in area of agriculture where food grains are stored in warehouses for "bad times".For food grains,it is generally maintained by government and is managed and controlled by Food Corporation of India.

Private warehouse are also there storing food grains at small scale.

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