How surplus created as a result of price floor imposed by government i

1.	How surplus created as a result of price floor imposed by government is utilised ?
Answer» <html><body><p><br/></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> floor means fixation of pricehigher than the market equilibrium price. It creates excess supply or surplus in themarket. The <a href="https://interviewquestions.tuteehub.com/tag/unsold-7273290" style="font-weight:bold;" target="_blank" title="Click to know more about UNSOLD">UNSOLD</a> stock is bought by the government and kept in its buffer stocks. It is used for distribution through fair price shops. It <a href="https://interviewquestions.tuteehub.com/tag/may-557248" style="font-weight:bold;" target="_blank" title="Click to know more about MAY">MAY</a> be used to <a href="https://interviewquestions.tuteehub.com/tag/meet-1092928" style="font-weight:bold;" target="_blank" title="Click to know more about MEET">MEET</a> consumption requirements during natural calamities like floods, earthquake etc. It is also used by the government for giving to the workers under 'Food for work'programme and other such special employment schemes launched in India.</body></html>

How surplus created as a result of price floor imposed by government is utilised ?