Food security: When Food is enough, there is no barrier to access to food & all persons have the capacity to buy food. UN’s Committee on World Food Security: all people, at all times, have physical, social, and economic access to sufficient, safe, and nutritious food that meets their food preferences and dietary needs for…
Buffer stock: a reserve of a commodity that is used to offset price fluctuations and unforeseen emergencies. Generally, Buffer stock is maintained for essential commodities such as food grains, pulses etc. NAFED is now maintaining a buffer stock of Onions, Tomatoes and potatoes under the TOP scheme. Procurement: buffer stock to NAFED, FCI and SFAC…
Importance of Crop Insurance Prevention of Exploitation: in the hands of moneylenders. Coverage of risks: Such small savings have less impact on disposable income but a huge impact in reducing future risks. Reduce vulnerability to poverty: Old-age, a small accident or a disease has the potential to push the whole family into poverty. Social security…
The Government provides a variety of subsidies to the farmers in India. All such subsidies can be classified into: Indirect Subsidies: Those subsidies that are provided through market intervention. These subsidies distort the prices in the market. These can further be divided as: Input subsidies: For example, cheap supply of fertilisers (fertiliser subsidies) Price support…