Communications of the ACM
AI Is India's Solution to Fix Data Gaps
India is turning from man to machines to improve the quality and speed of its economic data.
Credit: yourstory.com
India's Ministry of Statistics is accelerating artificial intelligence (AI) usage for collecting, analyzing, and disclosing data to better monitor the economy, including an initiative with the World Bank employing an information portal that collates real-time data.
The Ministry's Kshatrapati Shivaji said, "There's a growing need for more and more data, faster data, and also more refined data products," and end-to-end computerization "will enhance the quality, credibility, and timeliness of data."
He added that AI will see extensive use, and help to overcome staffing limitations.
Shivaji said, "Because of automation and technology-intensive applications, the capability and productivity of staff is getting enhanced substantially. Wherever there is a component where we're able to squeeze the time with the help of technology, we're trying to do that."
From Bloomberg Quint
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