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Will the Battle to Save India’s Statistical System be a Success Story?

Professor of Financial Economics and Part-time Value Investor, Transfin.
Feb 5, 2020 8:56 AM 1 min read

Will the battle to revive the National Statistical Commission be a success story? 



Will the battle to revive India’s statistical prowess be a success story?

Reviving the Golden Bird

India's statistical system was once upon a time a matter of great pride for the country - "a statistical powerhouse, setting standards for the rest of the world."


However, over the past couple of years, its credibility and integrity has constantly come under the scanner. Today, every other data release (or suppression) is accompanied by controversy. This has prompted the Ministry of Statistics and Programme Implementation to revive a long-pending proposal to provide statutory backing and greater autonomy to the National Statistical Commission (NSC). 


The NSC Bill 2019 has raised hopes about the government’s intent to clean up the statistical mess. However, it has also raised concerns about whether the Bill in its current form will allow NSC to achieve its goals. Will the battle to save India’s statistical system be a success story. Here's a deep dive.


Extra Crunch

India is becoming a development hub for games. Currently, close to 23,000 gaming-based job openings are available, with salary packages ranging from ₹3L to a little over ₹40L, according to specialist staffing firm Xpheno. 


“The increasing consumption of gaming by consumers and enterprises has increased the gaming talent demand by over 50% in a year’s time and doesn't seem like slowing down,” said Kamal Karanth, Co-Founder of Xpheno. [ET Tech]


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