Ashoka Reflections_SEPTEMBER 2023
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In Focus
Centre for Economic Data
and Analysis (CEDA):
Facilitating Informed Debate
About Economic and Social
Developments in India
Ashoka Reflections | Page 06
Ashwini Deshpande
Head of the Department, Economics and
Professor of Economics | Ashoka University
“Data is the new oil”. I am sure you have heard this a lot. What does this actually mean? The word “data” is an
oft-used but somewhat amorphous word, which has several different meanings and functions. Data is
information. Data is a commodity. Data is power.
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