This benefits analysts, researchers and students and other stakeholders Photocredit: Francis Mascarenhas
The Reserve Bank of India (RBI) is busy simplifying access to its database on various economic parameters, according to AR Joshi, executive director, RBI. Speaking of ‘Data and Empirics for Policy Making’ to the School of Economics, University of Hyderabad (UOH) on Thursday, Joshi said: “In a few months, the usability of data will be easier.”
This will benefit analysts, researchers and students and other stakeholders, Joshi said, explaining the ways to gain access to vital economic data about RBI’s portal and its meaning. Data will be the support point of decisions on economic policy to make policy decisions favorable for people, said the RBI officer.
Joshi said that empirical data input will play an important role in determining the choice of nominal anchor for inflation and channels of monetary policy transfer will play an important role in determining the choice of determining the choice of monetary policy transmission. BJ Rao, Vice-Kanselier, UOH, said that DataMining and his applications will undergo significant changes in the context implementations of large language models and other AI tools in the future.
In his welcome comments, Debashis Acharya, Dean School of Economics, emphasized the importance of the subject, which is a cross between statistical strictness, economic analysis and policy -making in the real world at the highest level. The subject chosen by Joshi is crucial for economists, policy makers and the broader academic community, he added.
Published on September 11, 2025
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