- Implementation:
- Central Agencies (NAFED, SFAC) and State/UT Governments/Agencies undertake market intervention operations.
- Direct purchase from farmers/mandis.
- Import may also be undertaken with support from the Fund.
- Provides interest-free advance of working capital.
- Challenges:
- The text does not explicitly list challenges in implementation.
- However, managing buffer stocks and timely market intervention can be complex.
- Ensuring effective direct purchase from farmers.