The Confederation of Indian Industry (CII) has outlined a 20-point agenda to address the economic repercussions of the West Asia crisis. Key proposals include a temporary exemption from long-term capital gains tax for foreign investors in primary markets, aimed at sustaining foreign capital inflows during global uncertainty. CII also suggests implementing a Conflict-Linked Emergency Credit Line Guarantee Scheme to provide collateral-free working capital to affected enterprises, particularly targeting micro, small, and medium enterprises (MSMEs) and exporters. Furthermore, a three-month moratorium is recommended for MSMEs, with flexibility in asset classification norms to prevent immediate recognition of non-performing assets. CII emphasizes that timely fiscal and monetary actions can enhance resilience against external shocks, urging the Ministry of Finance and the Reserve Bank of India (RBI) to consider various supportive measures, including targeted liquidity support and easing operational constraints for industries facing stress. CII's Director General, Chandrajit Banerjee, highlighted the importance of coordinated responses to strengthen economic stability amid ongoing disruptions.