Digital activity helps track data on economy

A large, complex and growing economy like India’s needs current and authentic data for business and government decision making. Technology is now coming to the rescue of decision makers who need current data about the multiple dimensions of a rapidly changing economy.

Till recently, nearly all data was collected manually, with its attendant faults and delays. The rise in digital activity has now allowed decision makers to track various aspects of economic activity with far more accuracy. The Economic Survey of 2021-22 has spotlighted the rise in use of tech enabled data. “An important theme of this year’s Economic Survey