Statutory authority for NSC sought, Pg17

Key Highlights:

• A Parliamentary panel has emphasized the need for a strong, independent National Statistical Commission (NSC).
• The panel seeks statutory authority for the NSC to ensure the credibility of official statistics.
• The Parliamentary Standing Committee on Finance presented its 27th Report on the 'Performance review of NSC'.

Detailed Insights:

• The discrepancies between official and private data undermine public trust in statistical information.
• Granting statutory authority to the NSC would enhance its autonomy and effectiveness in overseeing data collection and dissemination.
• The Ministry of Statistics and Programme Implementation is responsible for the administration and functioning of the NSC.

Key Concepts Involved:

• Statutory Authority: Power granted to an entity by law, enabling it to enforce regulations.
• Official Statistics: Quantitative data collected by government agencies to provide insights into various aspects of the economy and society.
• National Statistical Commission (NSC): An autonomous body that acts as the apex advisory body on all statistical matters.