New Delhi: Prime Minister Narendra Modi discussed strategies with Home Minister Amit Shah and Finance Minister Nirmala Sitaraman and other top officials on Thursday. Modi discussed with them, paving the way for a comprehensive strategy paper to be formally cleared by the Cabinet in the coming weeks.

The meeting comes day after the Modi spoke about the need to make India self- dependent following supply lines getting affected in February when production around Wuhan disrupted. Modi signaled a major push to boost investment in the country and capture a part of the supply chain that is expected to move out of China as a global corporation look to diversity their production base in the after math of Covid- 19.

The Government had been working on a China +1 strategy for the past. The sharp increase in wages in China had already prompted many MNCs to look alternative basis for production and India was seeking to tap into the rush. The global rethink about China being the dominant source of supply in the wake of the outraged over its links to the virus has expanded the potential opportunity. The department for promotion of industries and internal trade is putting place a GIS based platform, which currently covers around a dozen states, allowing investors to decide their location.

A single window platform is being put in place to allow for all central as well as states clearances with an electronic tracking and monitoring system. While porters are already in place the technology issues are being sorted out, an official said. The Government had also announced in the budget an investment clearance cell, which is a step in this direction.

According to the official sources the Government is looking to provide additional financing, with suggesting that the money will be utilized to create new estates and economic zones on the lines of Dholera and Greater Noida, which are part of the industrial corridor. Modi and Ministers discussed the possibility about leveraging the comparative advantage that states have and a renewed attempt at Centre’s partnerships.