Data goes private: Positive for India but also a challenge for the govt

The quality of some of the important economic statistics put out by the govt - for much of which there can be no comparable private substitute - remain questionable and undependable, writes T N Ninan

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T N Ninan
Is India’s data market going increasingly private? It would seem that way, though of course not entirely so. Consider the following: The most commonly cited employment numbers are those put out by the Centre for Monitoring Indian Economy (CMIE), using surveys whose sample size matches those used by the government. Probably the most trusted source of data on the true state of Indian school education is Pratham, a non-profit organisation, which puts out a widely anticipated survey of education annually. Other numbers that are tracked closely include IHS Markit’s purchasing manager’s index, which serves as a reliable guide to the
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First Published: Nov 04 2022 | 7:40 PM IST

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