 "Coronavirus")
The government, on Wednesday, provided relief to contractors hit by disruptions in supply from China since the epidemic first broke out by announcing that contractors will not face any action if they fail to honour contractual obligation.
The announcement came a day after Finance Minister Nirmala Sitharaman held talks with industry leaders on coronavirus-related issues. According to media reports, India Inc sought exemption from penalties for delays in executing government contracts.
Department of Pharmaceuticals, meanwhile, has asked the Directorate General of Foreign Trade (DGFT) to restrict exporting 12 active pharmaceutical ingredients (APIs) and formulations in the aftermath of the outbreak.
