As we adapted to the pandemic, the policy approach has been  gradually normalised. Even as the Indian economy was recovering from the pandemic, it faced a setback from the war in Europe, which caused fresh supply disruptions and accentuated the earlier ones. Inflation became globalized. Consequently, the response from Central banks has been aggressive leading to synchronized monetary tightening across the world.
Adhering to the GDDS should provide an impetus to transform our institutions charged with the statutory responsibility to generate statistics so that they can meet international best practices. The GDDS framework is built around four pillars; data characteristics, quality, access and integrity.