Need to strengthen supply chains amid crisis: Ficci report

NEW DELHI: Indian companies should secure additional funding and strengthen supply chains, while govt should consider emergency financing for MSMEs and tax reforms to mitigate impact of the ongoing West Asia conflict, according to a Ficci report. "The ongoing disruption in West Asia carries far-reaching implications for import-dependent economies, such as India, with likely impact on inflation, growth, balance of payments and fiscal health," the report said.
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