Answer:
(i)
There is a general consensus that high level of buffer stocks of food grains is
very undesirable and can be wasteful.
(ii) The storage of massive food stocks has been responsible for high
carrying cost, in addition to wastage and deterioration in grain quality.
(iii) Freezing of Minimum Support Price (MSP) for a few years should be considered
seriously. The rising MSP has raised the maintenance cost of procuring food
grains by the government.
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