new delhi prime minister narendra modi on thursday signalled a major push to boost investments in the country and capture a part of the supply chain that is expected to move out of china as global corporations look to diversify their production base in the aftermath of covid19modi discussed strategies to attract investments with his top ministerial colleagues paving the way for a comprehensive strategy paper to be formally cleared by the cabinet in the coming weeksread alsocovid19 lockdown prepare for new normal draft biz continuity plans pm modi tells ministerspm modi on monday advised his ministers to prepare for a new normal post the lockdown asking them to work towards mitigating the economic impact of covid19 modi asked his ministers to prepare a list of 10 major decisions and 10 priority areas of focus on post the lockdown incorporating socialcoronavirus outbreak live updatesthe meeting comes days after the pm spoke about the need to make india selfdependent following supply lines for crucial drugs electronic goods and chemicals getting affected in february when production around wuhan the source of the novel coronavirus was disruptedplugandplay model on cards to woo companiesalthough the government had been working on a china plus one strategy for the past few months it has gathered momentum amid signals that countries will also encourage their companies to look at manufacturing facilities outside the asian giantin fact countries such as the us are already working to accelerate this drive with secretary of state mike pompeo stating on thursday that the trump administration was trying to mesh the supply chains that both countries india and the us have access to especially in areas crucial for national securitya sharp increase in wages in china had already prompted many mncs to look at alternative bases 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 outrage over its links to the virus has expanded the potential opportunitya key theme of the plan will be a plugandplay model in industrial estates that has been in the works for several months a facility that will allow investors to identify potential sites for locating a plant the department for promotion of industry and internal trade is putting in place a gisbased platform which currently covers around a dozen states allowing investors to decide their locationa singlewindow platform is being put in place to allow for all central as well as state clearances with an electronic tracking and monitoring system while portals are already in place the technology issues are being sorted out an official said in the budget the government had also announced an investment clearance cell which is a step in this directionmore on covid19coronavirus pandemic complete coverage21day lockdown what will stay open and what wonthow to quarantine yourself at hometrust the newspaper for your daily verified newsin addition the government is looking to provide additional financing an official statement said with officials suggesting that the money