I am honoured to be invited to address and interact with you today. I am inspired by the Chamber’s glorious history of 117 years as an apex chamber of national eminence catalysing Indian businesses towards rapid economic development and nation building, including by building partnerships with government. A special mention is warranted of the PhD Research Bureau that was established in 2010.
In recent years, both academics and policy makers have benefitted greatly from digitalization. They have exploited new types of data in their analyses, including highly granular data at the level of individual firms, households, and persons; daily and intraday high-frequency data; people flow data; and text data.