Portal to track economic recovery launched by ISB for citizens
A portal that brings together several High-Frequency Indicators (HFIs) of India’s economic recovery to a common platform by Indian School of Business, a Hyderabad-based business school, on Thursday. This makes divers data sets such as economic and social data available on a single platform and enables real-time analysis of patterns of recovery.
Journalists, citizens, and policymakers will get assess to data and track the recovery of the economy and will be provided with a direct visual insight into important indicators at a daily or monthly frequency on the near-real-time basis and at district and state-level said in a statement by ISB.
A range of data on multiple aspects of the economy, including trade-in agriculture commodities, digital transactions, fertilizer sales, registration of various types of vehicles, and payments, and the demands for wage labor under MGNREGA will be provided by the HFIs.
“As the economy recovers from the coronavirus pandemic-induced lockdown, we are identifying and monitoring selected parameters that indicate changes in the level of economic activity on the ground at a high spatial resolution.” – said Ashwini Chhatre, executive director of Bharti Institute of Public Policy at ISB.
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Update by Drishti Badole
News source: Times of India