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DEPOSITS AND ADVANCES
 9 Months Ended
Dec. 31, 2020
Deposits and Advances [Abstract]  
Deposits and Advances [Text Block]

NOTE 4 – DEPOSITS AND ADVANCES


   

(in thousands)

  
   

As of

December 31, 2020

($)

    

As of

March 31, 2020

($)

  

Advances to suppliers and consultants

     1,180       558  

Advances for Property, Plant and Equipment

     26       259  

Statutory advances

     32       27  

Advances for inventory

     1,741       -  

Prepaid expense and other current assets

     92       196  

Total

     3,071       1,040  

The Advances to suppliers and consultants primarily relate to advances to suppliers in our Life Sciences and Infrastructure segment. Advances for Property, Plant and Equipment include an advance paid for equipment for our processing facility. Please refer to Note 3 – “Inventory” for details of Advances for inventory.