BS EDIT: Why India needs timely and reliable Data

By Business Standard Editorial CommentPublished On Aug 21, 2024

8th Economic Census: A critical tool

The Union government is preparing for the 8th Economic Census, vital for understanding economic activity, ownership, and workforce engagement across India

Delays and concerns

The 7th Economic Census faced disruptions and delays, raising questions about data quality and the integrity of India's statistical system

Expanding data collection

The government is enhancing data efforts with the 80th round of the National Sample Survey and a comprehensive survey of the services sector

The critical role of the Census

The postponed decennial Census, the first delay since 1881, is essential for the accuracy of sample surveys and effective policy decisions

Timely execution is key

While the government’s efforts to strengthen the statistical framework are commendable, they must be matched by timely and reliable data collection to support informed policymaking