Tracking the Economic Survey 2016-17

Survey uses Big Data for first time

Photo for representational purpose only.

Photo for representational purpose only.  

For the first time, the Economic Survey has used Big Data Analysis to “shed new light on the flow of goods and people within India.”

“With some immodesty, we claim that this Survey produces the first estimate of the flow of goods across states within India, based on analyzing transactions level data provided by the Goods and Services Tax Network (GSTN),” CEA Arvind Subramanian wrote in the preface of the Economic Survey 2016-17.

He added that the Survey furnishes “exciting new evidence on the flows of migrants within India, based on detailed origin-destination passenger data provided by the Ministry of Railways and on a new methodology for analysing the Census data.”

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Printable version | May 22, 2020 6:47:03 PM | https://www.thehindu.com/business/Survey-uses-Big-Data-for-first-time/article17124449.ece

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