Buffer Stocks

The stock position of food grains in the Central Pool as on 1.12.2011 was 547.19 lakh tons comprising of 270.63 lakh tons of rice and 276.56 lakh tons of wheat. The buffer stocks norms have been maintained for rice and wheat for the entire Central Pool stocks on a quarterly basis.

The current stocks of food grains in the Central Pool are quite adequate to meet the food grain requirements of the country as per existing allocations for TPDS and Other Welfare schemes. The Government has been intensifying procurement operations and more States are encouraged to make decentralized procurement. Government has been reviewing the Minimum Support Price for food grains from time to time to encourage farmers to produce more. As a result, procurement during the last four years has recorded considerable increase from 36.24 million tons in 2006-07 to 62.34 million tons in 2010-11. Further, to augment scientific storage capacities, Government has formulated a Scheme for construction of storage go-downs through private entrepreneurs, Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs). Under the scheme, capacity of about 151 lakh tons is to be created in 19 States through private entrepreneurs and CWC and SWCs. 5.4 and 14.4 lakh tons storage capacities respectively are being constructed by CWC and SWCs under the Scheme. Out of the above, a capacity of about 4 lakh tons has already been completed by CWC/SWCs.

The Government has made allocation of a quantity of 612.07 lakh tons of rice and wheat under Targeted Public Distribution System (TPDS) and Other Welfare Schemes (OWS) during the current year, thus making substantial quantity of food grains available through the Public Distribution System at subsidized prices. This includes additional allocation of 50 lakh tons of food grains to Below Poverty Line (BPL) families at BPL prices in May 2011 and 50 lakh tons to Above Poverty Line (APL) families at APL prices in June 2011. In addition to the above, 23.67 lakh tons of food grains have been allocated at Antyodaya Anna Yojana(AAY) and BPL prices to 27 States for distribution in 174 poorest/backward districts.

This information was given by the Minister of State (independent charge) for Consumer Affairs, Food & Public Distribution Prof. K.V. Thomas in written reply to a question in the Lok Sabha on the 20^th December 2011.

Source: Press Information Bureau Website.

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