Economic Outlook contains data on over 630,000 indicators sourced from over a hundred different official agencies and other reliable institutions. There are over 300 source documents and scores of websites from which this data is collected.
Each logical set of indicators has its own little story to tell - of the sources that produced them, the meaning they convey and the presentations of Economic Outlook in which they are found.
The Seek Clarifications platform has addressed questions such as these for many users of Economic Outlook over time. However, we believe that there are many who could have benefited by an explanation of the data, if they had asked. Admittedly, sometimes because of time and space constraints or because of the way in which questions are asked we are unable to explain some data adequately at the instance.
We feel it may be a good idea to explain the data in Economic Outlook. Such explanations could be particularly useful to educational institutions who may like their students to learn about the data series in a little detail. They could also be useful as a quick introduction to a young professional dealing with a particular economic data in a corporate office or in an investment company.
It is not possible for us to provide a comprehensive guide to the data in one go. With 630,000+ indicators it is an almost impossible task to provide all this in a practical time-frame.
We have therefore started a process of releasing Data Guides on an ongoing basis. The sequence of release of such Data Guides would be guided by the data of the season.
The season in India in this month of June is the arrival of the monsoon and the commencement of kharif crop sowing.
We are therefore pleased to release the following data guidance notes.
The data guidance notes are available against the subject in the Table of Contents of the relevant Chapter. It can be identified by the icon . Click on this icon to open a pdf containing the data guidance on the subject.
Please do let us know of your views on this initiative.
A Data Guide seeks to explain the data presented in Economic Outlook.
Each Data Guide seeks to explain the data presented in one or more related tabulations. It is presented in a pdf file which can be accessed by clicking on the icon against an item of the Table of Contents of a section of a Chapter in Economic Outlook.
A Data Guide consists of three-five components.
While Data Guide contains questions and answers, CMIE does not assume any responsibility for conducting any tests. The questions are merely to help students to test their understanding. Teachers may use these as they may find appropriate. We will be happy to receive any feedback on the questions and also suggestions regarding the same.
Data Guide notes is our little initiative to improve the usage of the copious amounts of data available in Economic Outlook. We will be happy to receive your suggestions.