CURRENT AFFAIRS
CURRENT AFFAIRS
Description
In a recent development, the Government of India's Ministry of Statistics and Programme Implementation (MoSPI) replaced the existing Standing Committee on Economic Statistics (SCES) with a more comprehensive entity known as the Standing Committee on Statistics (SCoS). This new committee has been given a greater responsibility, which includes reviewing both the framework and results of all surveys done by the National Statistical Office (NSO).
The Government Of India's Statistical Setup
The Ministry of Statistics and Programme Implementation (MoSPI) was formed in 1999 by the merger of the Departments of Statistics and Programme Implementation. It is divided into two wings: the statistics wing and the program implementation wing. The Central Statistical Office (CSO), the Computer Center, and the National Sample Survey Office (NSSO) are all located in the Statistics Wing. The National Statistical Commission (NSC) and the Indian Statistical Institute are also important parts of the statistical setup.
NSO's Responsibilities
As India's key organization for planned statistical development, the NSO bears numerous critical responsibilities:
Coordination of statistics work among several government Ministries and Departments.
Compilation of national accounts and release of annual GDP figures.
Collaboration with international statistical organizations such as UNSD, ESCAP, the IMF, the ADB, FAO, and the ILO.
The Index of Industrial Production (IIP) is released on a regular basis as 'quick estimates.'
Conducting the Annual Survey of Industries (ASI) and offering statistical insights into the growth and makeup of the organized manufacturing sector.
Organization of all-India economic censuses and following enterprise surveys on a regular basis.
Standing Committee On Statistics (SCoS)
The establishment of the SCoS is critical to improving oversight of official data. The effort is the result of a critical examination of India's statistics machinery by members of the Prime Minister's Economic Advisory Council (EAC). The SCoS will take on a new internal oversight role, succeeding the former SCES, which was established in 2019. The following are some salient features of the SCoS:
Goal: The fundamental goal of the SCoS is to establish a rigorous internal oversight process for official data, which is a departure from the previous SCES setup.
Need: The need for the SCoS stems from expressed worries regarding the Indian Statistical Service's skill in survey design. Bibek Debroy, the EAC's chairperson, advocated this change.
Chairperson: Pronab Sen, India's first top statistician and a former NSC chairperson, has been named chairperson of the newly created body.
Terms of Reference: The SCoS has a broad mandate and the capacity to accommodate up to 16 members. Its responsibilities go beyond economic statistics and include technical advice on all areas of all surveys, such as sampling, design, technique, and result finalization. Furthermore, it will identify data gaps in official statistics and strategize how to close them, as well as investigate the use of administrative statistics to improve data quality.
Role of NSC: The NSC's role is crucial in completing survey data, but the ultimate authority to approve the publishing of these results lies with the NSC.
For more Updates and Information - Visit Notopedia's Bulletin Board
For Latest Sarkari Jobs - Visit Notopedia's Sarkari Jobs Section
For access to more than 20,000 Colleges - Visit Notopedia's College Section
For School Studies and Exams Preparation across 14 Boards - Visit Notopedia's School Section
For Comprehensive Preparation of Sarkari Job Exams - Visit Notopedia's Sarkari Exams Section
