Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.
Listen to Mahesh Vyas, MD & CEO of CMIE (Centre for Monitoring Indian Economy) talk about how to interpret the data in an effort to find meaning behind the numbers.
Did you know that employment figures went up during demonetisation and went down during the pandemic? How would these reconcile without throwing up aspersions on the data sets? Why did this happen, how did this happen, which other data filled in the missing piece? Where are the missing 15% of Indian women who seem employed but are not? Why are women absent from the labour force in India? What can we do about it? How does one collect data across the country? How do you analyse it? What is the most important data to be seen when you see the health of the Indian economy?
Listen to the master as he patiently explains, how a private firm, monitoring Indian economic data is critical to the functioning of the economy and its democracy; how rigour and honesty is critical to his job and how does one become a data storyteller. Because without a story, data is just a bunch of numbers.
