NITI Aayog.
Credit: DH Pool Photo
New Delhi: NITI Aayog, in collaboration with the National Council of Applied Economic Research (NCAER), has developed a portal that will provide comprehensive socio-economic data of states spanning over three decades.
Finance Minister Nirmala Sitharaman is scheduled to launch the portal ‘NITI NCAER States Economic Forum’ on Tuesday.
“The portal will facilitate an understanding of macro, fiscal, demographic, and socio-economic trends; easily accessible data and user-friendly format and will also address the ongoing need for consolidated sectoral data in one place,” NITI Aayog said in a statement on Monday.
It will further help in benchmarking the data of each state against that of other states and the national figures, it added.
Four main components of the portal will include state reports, data repository, state fiscal and economic dashboard and research & commentary.
The state reports will provide a summary on macro and fiscal landscape of 28 Indian states, structured around indicators on demography, economic structure, socio-economic and fiscal indicators.
“The portal will serve as a comprehensive research hub, offering a wealth of data and analytical tools for in-depth research studies,” the NITI Aayog said.
The government think-tank further added that the portal will act as a central repository of information, providing access to an extensive database of social, economic, and fiscal indicators spanning the past 30 years.
“By leveraging historical trends and real-time analytics, users will be able to track progress, identify emerging patterns, and formulate evidence-based policies for development,” it said.