The MoS Finance said, "In order to address possibility of trade-induced adverse impact on economy, the government is constantly engaging with Expert Promotion Councils and trade bodies, particularly in pharmaceutical, electronics and automobile sectors where supply chains are sourcing imports from China."
"These agencies put in touch with Indian Missions abroad to secure and transport inventories available with existing suppliers. Indian Missions abroad have been asked to explore alternate sources of supply of raw material for supporting India's domestic production," he said.
"With regards to domestic availability of fertilisers, the impact of COVID19 seems to be negligible at juncture and situation of forthcoming fertiliser imports at various ports being observed closely," he added.
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