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DEPOSITS AND ADVANCES | 12 Months Ended
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Mar. 31, 2023
Deposits And Advances Abstract |
Deposits and Advances [Text Block] | NOTE 4 – DEPOSITS AND ADVANCES
|  | (in thousands) |
|  | As of March 31, 2023 ($) |  |  | As of March 31, 2022 ($) |
Advances to suppliers and consultants |  |  | 72 |  |  |  | 170 |
Other receivables and deposits |  |  | 24 |  |  |  | 472 |
Prepaid expense and other current assets |  |  | 262 |  |  |  | 336 |
Total |  |  | 358 |  |  |  | 978 |
The Advances to suppliers and consultants primarily relate to advances to suppliers in our Life Sciences and Infrastructure segment. Prepaid and other current assets include approximately $25 thousand in statutory advances for Fiscal 2023, as compared to $170 thousand in Fiscal 2022. The Company decided to move advances paid to suppliers worth approximately $164 thousand to claims and advances, considering recovering might take more than 12 months.

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