India should accept the withdrawal of benefits under the US generalised system of preferences (GSP) scheme and avoid pushing for its reinstatement as the benefits for domestic exporters were marginal, think tank GTRI said on Monday. It also suggested that India should not seeks the resumption of the scheme in the upcoming India-US Commercial Dialogue on October 2. Commerce and Industry Minister Piyush Goyal is visiting Washington for the dialogue. He will co-chair the meeting with US Secretary of Commerce Gina Raimondo with participation from industries, startups, and SMEs from both countries. The scheme, it added, is primarily designed for low-income countries, with even major economies like China excluded. As a growing economic power, India should focus on broader, more strategic trade discussions rather than seeking concessions on relatively insignificant issues, it said. GTRI Founder Ajay Srivastava said the primary aim of the dialogue is to strengthen the bilateral commercial Read The Rest at :