Publicly funded data must be public

India is sitting on a goldmine of public data. With proper safeguards, the country's data policy can fuel an AI-driven productivity leap

- AKHILESH TILOTIA

bases. India now hosts thousands of such datasets in the public domain.

AI enters the arena The emergence of AI has added a powerful new player to the world of data analysis. What was once the domain of seasoned analysts is now being democratised by AI models that can process vast volumes of data, identify patterns, and generate actionable insights.

Young analysts who started tracking companies in a sector would invest countless hours in understanding industry structure and its dynamics, figuring out what data is required to track the entities and where it would be available, and then eventually updating these datasets immaculately. It could be years before they got a good grasp of understanding the detailed value chain (suppliers, customers) and the other relevant stakeholders (government, industry peers, etc.). AI tools can drastically accelerate the learning curve for junior analysts tracking sectors and companies, enabling them to extract deeper insights with greater efficiency.