Established in 2020, the Centre for Economic Data and Analysis aims to foster an informed debate around socio-economic developments in the country with the help of data.
CEDA launched its website in end-January 2021 with data-driven analysis by academics and experts. The content on CEDA's website includes several series, such as 'data narratives' that provide easy to follow, data driven commentaries on socio-economic issues related to India.
CEDA has a series called "Picture This" which has a graph/visual accompanied by a short note. Within this, we recently started two series. The first is called "GenderStats by CEDA" and this series focuses on gender gaps in various socio-economic indicators. The other series is called "If Indian States Were Countries". This focuses on the latest available data for various indicators (such as literacy, life expectancy, fertility rate etc.) for Indian states and compares them to countries with comparable levels of GDP.
The other components of the CEDA website are "CEDA-CMIE” monthly bulletins. In partnership with the Centre for Monitoring Indian Economy (CMIE), CEDA published 7 CEDA-CMIE Bulletins through 2021 that analysed CMIE data to bring out insights related to changes in employment, consumer sentiment, and households’ savings and investments.
One of these bulletins brought out that manufacturing employment in the country had been halved between 2016 and 2021. This received wide coverage in the media thereby fulfilling one of CEDA’s goals of fostering an informed debate. CEDA also has a page called "Researchers' Corner", with exclusive resources for researchers, videos and podcasts, and a data portal, which is under construction.
In March 2021, CEDA organized the Infosys Prize Lecture by Raj Chetty, the winner of the 2020 Infosys Prize in Social Sciences. Prof. Chetty spoke on 'Improving Equality of Opportunity' with insights drawn from big data. Ashwini Deshpande, Director, CEDA also introduced the beta version of the CEDA Data Portal on this occasion, providing researchers a socio-economic data repository with a visualization toolkit.
In April 2021, CEDA organized a lecture by Dr Manmohan Aseri of the University of Pittsburgh. He spoke about how algorithms are prone to learn and amplify existing human bias and what could be potential solutions.
CEDA contributed to an informed debate with the help of its analysis throughout 2021. One such contribution was in the form a data narrative by Ashwini Deshpande and Rajesh Ramachandran that showed the relation between caste discrimination in the Indian society and its impact on stunting in Indian children.
As Covid-19 battered the Indian economy, CEDA published various analyses that looked at different aspects of the challenge. A data narrative by Shahid Jameel tried to answer questions related to the possibility of a third wave of Covid-19 in India. In other data narratives, CEDA looked at the increasing importance of MGNREGA as a safety valve for rural India in a pandemic year.