India plans AI integration in statistics, data asset recognition

According to MoSPI Secretary Saurabh Garg, a dedicated sub-committee has been formed to examine the technical aspects of implementing the United Nations System of National Accounts (SNA) 2025, which includes recognizing data as an asset. This move follows previous revisions to key economic indicators like GDP and CPI.

Future efforts will focus on integrating alternative data sources and progressing towards the SNA framework. MoSPI is also developing an Index of Service Production, anticipated for release in July, to provide timely insights into service sectors. The ministry is actively working on a Data Innovation Lab and harmonizing administrative datasets across states and union territories to improve data quality and enable AI-based applications.

To strengthen local statistical systems, MoSPI is revamping the Support for Statistical Strengthening Scheme, with a long-term vision for all states and union territories to operate fully integrated, high-frequency statistical systems by 2047. As an interim step, a state-wise indicator dashboard will be launched on the e-Sankhyiki platform. Additionally, state-level data exchange portals are being developed to facilitate seamless data sharing and reuse. A National Statistical Business Register is also in the works to create a comprehensive database of business establishments.