  Forecasting economic growth of India has been traditionally an uncertain
exercise. The indicators and factors affecting economic structures and the
variables required to model that captures the situation correctly is point of
concern. Although the forecast should be specific to the country we are looking
at however countries do have interlinkages among them. As the time series can
be more volatile and sometimes certain variables are unavailable it is harder
to predict for the developing economies as compared to stable and developed
nations. However it is very important to have accurate forecasts for economic
growth for successful policy formations. One of the hypothesized indicators is
the nighttime lights. Here we aim to look for a relationship between GDP and
Nighttime lights. Specifically we look at the DMSP and VIIRS dataset. We are
finding relationship between various measures of economy.
