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MoSPI calls to monitor MUDRA impact in upcoming CAPEX, ASUSE surveys
The National Statistical Office (NSO), in collaboration with the Indian School of Business (ISB), organised a data users' conference on Tuesday to strengthen the interaction between data producers and users.
In addition, the ministry recommended enriching the ASUSE database by profiling the age of proprietary and partnership establishments. It also proposed capturing information on the motivation behind starting businesses in the unincorporated sector to enhance establishment profiling.
Addressing the gathering, V. Anantha Nageswaran, Chief Economic Advisor (CEA), stated that conviction for policy reform must be sustained by the pulse of granular data.
Among other topics, the conference focused on expanding the ASUSE and CAPEX datasets to include foreign direct investment (FDI), exports, imports, and participation in global value chains, aligning with India's Vision 2047 goals.
The ministry also suggested that upcoming surveys should include dedicated questions on investment intentions in renewable energy sources, such as biomass, solar, and wind, in the next round of the CAPEX survey.
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