The Survey said insights from behavioural economics can help design impactful public policy. The Economic Survey makes a strong case for using the massive amount of data generated by a rapidly digitizing economy for the public good. It describes data as a “public good of the people, for the people and by the people". Subramanian, however, distinguished intimate or confidential data from public data and said processing of the former would be in line with the Personal Data Protection Bill that is awaiting Parliament’s nod. The Survey said that to encourage tax compliance, top 10 taxpayers within a district could be accorded due recognition.

Source: Mint July 04, 2019 18:33 UTC