New Delhi, June 30 -- India should retain its policy space in the agriculture sector under the proposed trade agreement with the US, the Global Trade Research Initiative (GTRI) said on Monday.

Any reduction in the import duties on American farm goods could compromise the country's food security, the think tank said.

GTRI highlights that US agricultural products like rice, dairy, poultry and genetically modified soy benefit from deep subsidies, which gives them an unfair advantage over Indian producers.

The body warns that such imports, if allowed with lower tariffs, could harm over 700 million rural livelihoods, especially during global price crashes, citing such cases, PTI reported.

Speaking of historical data, it said that between 2...