Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Statistical clarity feeds successful governance

Mint Mumbai

|

January 25, 2024

India's statistical system is under the PMO's lens. Given recent data dissonance, it evidently needs a relook. The country's view of itself is too hazy in these digital times of sharp resolution

Statistical clarity feeds successful governance

Itis axiomatic that a country needs highquality data to guide policy, a clear picture of itself created by statistics, and it's ironic that we have fallen behind the curve on ensuring this for a digital age of precision.

In our early decades of freedom, India was known for innovation on this score, given the challenges of placing a vast land of mass poverty and tricky diversity under the lens for data collection, slicing and dicing. Today, however, we have a hazier view of our progress than we should in the 2020s, given the modern tools available, with official readings of key variables contested by critics. To be sure, no complex formula captures the absolute truth. The best we can hope for is a high-rez snapshot, in contrast with one that is too blurry (or badly distorted by dodgy inputs), as an approximation of reality.

MORE STORIES FROM Mint Mumbai

Mint Mumbai

Mint Mumbai

Investors expect AI use to soar. That’s not happening

On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.

time to read

4 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

360 One, Steadview, others to invest in Wakefit ahead of IPO

A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.

time to read

3 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

I-T dept to nudge taxpayers to declare foreign wealth

The department was able to collect 30,000 crore disclosed in the previous Nudge drive

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

India, UAE review trade agreement to ease market access

Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.

time to read

1 mins

November 28, 2025

Mint Mumbai

Beyond the stock slump-Kaynes' $1 bn aim is just the start

Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of 7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.

time to read

1 mins

November 28, 2025

Mint Mumbai

How Omnicom’s IPG buy will change Indian advertising

Two of the advertising world’s Big Four holding companies—Interpublic Group and Omnicom—officially merged this week.

time to read

2 mins

November 28, 2025

Mint Mumbai

Why TCS is walking a tightrope

Tata Consultancy Services Ltd recently outlined an ambitious multi-year $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.

time to read

2 mins

November 28, 2025

Mint Mumbai

It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

3 mins

November 28, 2025

Mint Mumbai

Mint Mumbai

Telecom firms flag hurdles in data privacy compliance

Operators need to comply with the data protection norms within 12-18 months

time to read

1 mins

November 28, 2025

Listen

Translate

Share

-
+

Change font size