NCERT Important Questions Class 9 Social Science Economics Chapter 4
Important NCERT Extra Questions
NCERT Solutions for Class 9 Social Science
Important NCERT Extra Questions
Chapter 4 Food Security in India
NCERT Book Extra Questions for Session 2022-2023
CBSE Board and UP Board Others state Board
Write notes on: (a) Minimum support price (b) Buffer stock (c) Issue price (d) Fair price shops.
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(a) Minimum Support Price (MSP):
– Definition: MSP is the guaranteed price set by the government to protect farmers by ensuring a minimum price for their crops.
– Purpose: Aims to safeguard farmers against price fluctuations, encouraging increased agricultural production.
– Crops Covered: Declared for various crops like wheat, rice, pulses, and oilseeds to provide price security to farmers.
(b) Buffer Stock:
– Definition: Refers to the stockpile of food grains procured and maintained by the government as a reserve for market stabilisation and emergency purposes.
– Objective: Maintains stable market prices by buying surplus produce during abundant harvests and releasing stocks during shortages.
– Usage: Utilised for public distribution schemes and emergency relief operations.
(c) Issue Price:
– Definition: The subsidised price at which food grains are provided to the economically weaker sections through government schemes like the PDS.
– Aim: Ensures affordability by selling essential commodities at rates lower than market prices.
– Determinants: Set by the government to enable accessibility to food for the vulnerable population.
(d) Fair Price Shops:
– Definition: Retail outlets authorised by the government to sell essential commodities at subsidised rates.
– Purpose: Ensures the fair distribution of food grains to targeted beneficiaries, particularly the economically disadvantaged.
– Role: Vital in implementing welfare schemes like the PDS, ensuring the availability of subsidised food items to those in need.
These succinct notes highlight the significance and roles of Minimum Support Price, Buffer Stock, Issue Price, and Fair Price Shops in ensuring food security and equitable distribution of essential commodities in India.
(a) Minimum Support Price: The FCI purchases wheat and rice from the farmers in
states where there is surplus production. The farmers are paid a pre-announced price for their crops. This price is called Minimum Support Price. The MSP is declared by the government every year before the sowing season to provide incentives to the farmers for raising the
production of these crops. The purchased food grains are stored in granaries.
(b) Buffer Stock: Buffer stock is the stock of food grains, namely wheat and rice
procured by the government through food corporation of India (FCI).
(c) Issue Price : The buffer stock is created to distribute food grains in the deficit areas and among the poorer strata of society at a price lower than the market price also known as the Issue Price.
(d) Fair Price Shops : Ration shops. also known as Fair Price Shops, keep stock of
Food grains, sugar and kerosene oil for cooking. These items are sold to people at a price lower than the market price. Any family with a ration card can buy a stipulated amount of these items every month from the nearby ration shop.