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New Delhi : Food prices are expected to decline in the next fiscal on the back of higher farm output and the only worry then for the government would be on storage, Food and Agriculture Minister Sharad Pawar has said.
He, however, said that the country would remain import dependent when it came to pulses and edible oils for the next 10 years. On the possibility of prices coming down in the next financial year beginning April one, Pawar said, "100 per cent. In 2011-12 the problem which the government of India will have to worry about (is) what to do and where to store". Food inflation touched 17.40 per cent for the week ended January 16 on account of high prices of vegetables and pulses.
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