How does India ensure food security in the country? Explain in detail.
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Solution
Solution:
Food security refers to the availability, accessibility, and affordability of food. India ensures food security with the help of buffer stock and public distribution system (PDS).
Buffer stock:
Buffer stock refers to the stock of food grains such as rice and wheat.
The Food Corporation of India (FCI) procures food grains in surplus such as rice and wheat from the farmers directly at a price called the Minimum Support Price (MSP).
The MSP is announced before the sowing season and acts as an incentive to farmers.
The government of India distributes the procured food grains to the people at a price called the issue price, which is less than the market price.
Public distribution system (PDS):
The Government of India distributes the procured food grains among people through ration shops or fair price shops. This system is called the public distribution system (PDS).
Fair price shops keep stock of essential household items such as kerosene and sugar along with food grains.
People can use ration cards to purchase items from fair price shops at prices lesser than the market price known as the issue price.