Thus, the normal as well as strategic Buffer Norms have been shown in the following tables: Buffer Norms Stock in Central Pool RICE WHEAT TOTAL As on First January Normal 11.8 8.2 20 Strategic 2 3 5 Total 13.8 11.2 25 As on 1st April Normal 12.2 4 16.2 Strategic 2 3 5 Total 14.2 7 21.2 As on 1st July Normal 9.8 17.1 26.9 Strategic 2 3 5 Total 11.8 20.1 31.9 As on 1st October Normal 5.2 11 16.2 Strategic 2 3 5 Total 7.2 14 21.2 All Data in Million Tonnes Source: Food Corporation of India Objectives of Buffer Stocks: The buffer stocks are required to Feed TPDS and other welfare schemes, Ensure food security during the periods when production is short of normal demand during bad agricultural years Stabilize prices during period of production shortfall through open market sales. Any changes in the Buffer Norms in pipeline? Yes, with the bulging procurement as well as the demand, the government had asked the National Centre for Agricultural Economics and Policy Research (NCAP) to study the buffer norm and make recommendation on increasing it if the demand has gone up. A technical group was also studying the report of NCAP. The new Buffer Norms have not been announced as of now. What are the Current Buffer Stocks? The following table shows the Buffer stock on April 2013. Stock in Central Pool As on April 2013 AS ON RICE WHEAT TOTAL 1st January 1st JAN, 2006 12.6 6.2 18.8 1st JAN, 2007 12.0 5.7 17.7 1st JAN, 2008 11.5 7.7 19.2 1st JAN, 2010 24.3 23.1 47.4 1st JAN, 2011 25.6 21.5 47.1 1st JAN, 2012 29.7 25.7 55.4 1st JAN, 2013 32.2 34.4 66.6 1st April 1st APR, 2006 13.7 2.0 15.7 1st APR, 2007 13.2 4.6 17.8 1st APR, 2008 13.8 5.8 19.6 1st APR, 2010 26.7 16.1 42.8 1st APR, 2011 28.8 15.4 44.2 1st APR, 2012 33.4 19.9 53.3 1st APR, 2013 35.5 24.2 59.7 1st July 1st JUL, 2006 11.1 8.2 19.3 1st JUL, 2007 11.0 12.9 23.9 1st JUL, 2008 11.2 24.9 36.1 1st JUL, 2010 24.3 33.6 57.9 1st JUL, 2011 37.1 26.9 64.0 1st JUL, 2012 30.7 49.8 80.5 1st October 1st OCT, 2006 6.0 6.4 12.4 1st OCT, 2007 5.5 10.1 15.6 1st OCT, 2008 7.9 22.0 29.9 1st OCT, 2010 18.4 27.8 46.2 1st OCT, 2011 20.4 31.4 51.8 1st OCT, 2012 23.4 43.1 66.5 All data in Million Tonnes. Source Food Corporation of India. Source © 2009-2013 gktoday.in
Posted on: Mon, 16 Jun 2014 13:12:35 +0000
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