The Economic Survey has called for creation of ‘data’ as a public good. What could be the benefits of creation of data as a public good?
Answer: A public good is a commodity or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.
Economic Survey has called for creating and harnessing data as a public good. The reasons for this are manifold:
- Promoting Research & Innovation: Private and government companies use government data like Census data for carrying out research and creating economic models. Hence investing in data compilation and making it public can help in promoting research and innovation in the country.
- Objective Decision-Making: A 2017 Forbes survey found that 53% of ....
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General Studies Mains Questions And Answers
- 1 Digital transformation holds immense potential for bringing about rapid socio-economic development of rural India. Discuss.
- 2 Discuss the contribution of moderates in the Indian freedom movement by describing the various methods adopted by them.
- 3 Give an account of the evolution of the relationship between the British power and the Indian princely states during the British rule, mentioning the key developments.
- 4 Describing the importance of big dams in India, throw light on the problems associated with them. Discuss the efforts made for dam safety in the country.
- 5 Urbanization is a double-edged sword for women. Discuss the challenges faced by women in cities and describe the measures to overcome them.
- 6 What is the Model Code of Conduct? Describe the importance and challenges of Model Code of Conduct.
- 7 Discuss the functions and role of the Election Commission of India. How does the Election Commission ensure free and fair elections in India?
- 8 BIMSTEC is an important organization to strengthen India's position in South-East Asia. Mention the major obstacles to the integration of BIMSTEC.
- 9 India and the US have agreed to move forward in the field of space cooperation. Discuss the limiting factors in the path of space cooperation between the two countries and suggest ways to solve them.
- 10 The Nuclear Non-Proliferation Treaty is considered important to prevent the spread of nuclear weapons; yet India is opposed to this treaty. Explain.
