The Biden administration has indicated that the issue of restoring the GSP status to India is on top of its radar, as several lawmakers have raised the issue of retaliatory tariffs imposed by New Delhi on American agricultural products after the previous Trump regime terminated it.
A day after prime minister Narendra Modi stated that the government has no business to be in business and that un-utilised public assets will be monetised under a medium-term plan, Sitharaman also said that the focus would be on privatising CPSEs functioning in the non-strategic sectors.
