In this article for Mint, Dr Niranjan Rajadhyaksha, Executive Director, Artha Global, writes that economists now have data capabilities that enable them to estimate economic activity at a pixel level, and there is a growing need for further development in this area to complement traditional aggregated data.
Excerpts below:
“The introduction of GST, better infrastructure to move goods around and the deepening of national supply chains has meant that economic linkages are increasingly spilling across state boundaries.”
“Most economic data we see comes from large national surveys. The information from these national surveys is also available at the level of states, but not enough has traditionally been known below the state level.”
Read the full article here.
