-PTI India's largest lender State Bank of India, which suffered a staggering net loss of Rs 6,547 crore during 2017-18, led the pack in penalising its customers for not maintaining minimum account balance. New Delhi: As many as 21 public sector banks and three major PRIvate sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data. India's largest lender...

-The Times of India In time of a raging debate over jobless growth, nearly 24 lakh posts are lying vacant with the central and state governments, data compiled from answers to various questions in Parliament show. A Rajya Sabha question answered on February 8 shows that the largest chunk is the over 10 lakh vacant positions for teachers in elementary (9 lakh) and secondary schools (1.1 lakh). Apart from the vacancies in the...

-Ideas for India Commenting on the concept of evidence-based policy, Jean Drèze argues that the relation between evidence and policy needs further thought. Based on his involvement with social policy in India, he believes that while economists can contribute to more informed policy discussions and public debates they ought to be cautious in offering advice on policy design. Once upon a time, ‘evidence’ was widely confused with randomised controlled trials (RCTs). The...

-The Telegraph Hunger kills. In India, it does so with alarming frequency. Three girls aged eight, four and two died in the national capital last week; the autopsy showed that their stomach and bowels were "absolutely empty". This was in spite of the fact that the oldest girl at least went to school and should have been receiving mid-day meals. The blame, as usual, was at first apportioned to exclusion. The...

-The Hindu Shortfall unlikely to impede agriculture, officials say. Amidst concerns that monsoon rains could fall short of “normal,” the India Meteorological Department (IMD) is reviewing its projections. Officials, however, told The Hindu that while July rains were less than expected, the shortfall was confined to the northeastern States of India and below-normal rains were unlikely to impede agriculture production. It’s expected to take a call before the weekend on whether to stick...