The Indian government has extended the ‘PM-AASHA’ (Pradhan Mantri Annadata Aay Sanrakshan Abhiyan) scheme, ensuring that pulses and oilseeds procurement will continue at Minimum Support Prices (MSP). Madhya Pradesh Chief Minister Shivraj Singh Chouhan confirmed the extension, emphasizing that the initiative aims to support farmers and ensure fair prices for their produce. Under the scheme, the government provides a safety net for farmers by guaranteeing MSP for key agricultural commodities, including pulses and oilseeds, to prevent distress sales and price fluctuations. This extension is particularly significant as it helps farmers during periods of market volatility, ensuring that they receive fair compensation for their crops. The government’s decision is expected to boost agricultural productivity and provide stability to the farming community, while also addressing the challenges of supply chain disruptions and price fluctuations in the agricultural sector.
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Boeing has announced steps to address tariff risks that are impacting its global supply chain, particularly in the wake of trade disputes between the U.S. and key suppliers. Tariffs on materials and components imported from regions such as China and Europe have increased production costs for the aerospace giant, creating challenges for its pricing structure and overall profitability. Boeing is working closely with government authorities and industry stakeholders to
mitigate the effects of these tariffs. The company is exploring alternative sourcing strategies, including reshoring and diversifying its supply base to reduce its reliance on specific regions and shield itself from tariff fluctuations. Boeing’s efforts reflect the broader trend of companies seeking to de-risk their supply chains from geopolitical tensions and economic uncertainty. The company’s focus on adapting to tariff risks is critical as it strives to maintain its position in the competitive aerospace market.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.