With fears of inflationary pressure in pulses having been abated due to a bumper harvest in 2016-17 and the government inventory brimming with around two million tonne of pulses stocks, the regulator is weighing the possibility of lifting the ban. The review of the ban has started but a final decision on allowing such futures could be taken after factoring in production estimates as areas under pulses are down by almost 4% from a year earlier. Prices of tur started plunging late last year as farmers, encouraged by record prices in 2015-16, stepped up sowing of the key pulse variety, leading to an all-time-high production level of 4.78 million tonne in 2016-17. This was 87% higher than the production in the previous year and far exceeded the target of 3.62 million tonne for 2016-17.