IANS New Delhi

The government's conviction for policy reforms will be sustained by the pulse of granular data, Chief Economic Advisor (CEA) Dr V. Anantha Nageswaran has stressed.  Commending the Ministry of Statistics and Programme Implementation for its commitment to enhancing data granularity he emphasised about the insights on macroeconomic indicators based on recently released reports on the ASUSE and CAPEX investment surveys.

The ASUSE and the private sector CAPEX Investment Intention Survey together cover wide ground in providing a realistic picture of activity in India's private sector. Importantly, he stressed the strategic value of granular data, stating that "One way to enhance the prospect for desirable policy change is to constantly keep shining the spotlight on social and economic trends as granularly as possible, from the nation to states to districts to blocks."

Speaking at a 'Data Users Conference' at the Indian School of Business in Hyderabad, Nageswaran also acknowledged the ministry's efforts to integrate diverse administrative datasets (GST, MCA21) and use of AI tools to produce district-specific insights.