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Govt decision on futures ban an overreaction: Sen

The government's decision to suspend futures trading in four more agri commodities has come under fire from the committee which studied the impact of trading of essential items on their prices but found no conclusive evidence. The committee's chairperson and members today expressed their disappointment calling the decision "irrational". "It is obvious that the government has taken a decision without taking our view into consideration. There is a bit of overreaction," chairman of the committee and Planning Commission member Abhijit Sen told Business Standard.