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Which is not the objective of Public Procurement and Distribution system followed by Indian Government ?
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- Maintain price stability through creation of buffer stocks
- Protect the interests of both consumers and poor farmers
- Control the production of food grains
- Reduce personal and regional inequality in the distribution
- Maintain price stability through creation of buffer stocks
Correct Option: C
Since 1951 public distribution of food grains has been retained as deliberate social policy by India with the objectives of: Providing food grains and other essential items to vulnerable sections of the society at reasonable (subsidized) prices; put an indirect check on the open market prices of various items and to attempt socialization in the matter of distribution of essential commodities. PDS is an important constituent of the strategy for poverty eradication and is intended to serve as a safety net for the poor. Controlling the production of food grains is not the avowed aim of this system. It is a welfare measure, not some economic regulatory system.
