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MoSPI has proposed to set up a National Data Warehouse to leverage big data analytical tools

Posted on:11 Jun 2019 17:31:35
MoSPI has proposed to set up a National Data Warehouse to leverage big data analytical tools
11 June 2019 Current Affairs: Ministry of Statistics and Programme Implementation (MoSPI) has proposed to set up a National Data Warehouse with an aim to leveraging big data analytical tools. This move is to further improve the quality of macro-economic aggregates. MoSPI also plans to introduce a legislative framework so that the National Statistical Commission (NSC) can function with independence and give holistic guidance for improving the national statistical system. 

Significance:
The move also lends its support to the system reforms that are currently ongoing. It will also ensure the responsiveness to the changing needs of society that are necessary.
This proposed set up is necessary as there are increasing demands on the statistical system for the production of relevant and quality statistics.

National Data Warehouse for macro-economic aggregate:
The Ministry also proposed to establish a National Data Warehouse on Official Statistics. Here, the technology will be leveraged for using big data analytical tools for further improving the quality of macro-economic aggregates.
MoSPI has been criticized in some sections for the quality of macro-economic data.

Merger of merger of CSO and NSSO:
Regarding this the government has recently merged the Central Statistical Organisation (CSO) and the National Sample Survey Office (NSSO) to streamline and strengthen the statistical system. The merger leveraged the strengths of the two organisations so that it can meet the increasing demands.
The government use the statistical data to revise the GDP estimate would require concomitant changes in the sectoral data flows and associated regulatory framework in the data source agencies to facilitate the use of more macro modelling techniques.

Ministry of Statistics and Programme Implementation (MOSPI):
Established on: 15 October 1999 
Minister responsible: Rao Inderjit Singh, Minister of State (Independent Charge)
It has 2 wings:
       1)Department of Statistics
       2)Department of Programme Implementation
It is responsible for the development of the statistical system and maintains norms and standards in the field of statistics that involves concepts and definitions, methodology of data collection, processing of data and dissemination of results.
MoSPI is concerned with coverage and quality aspects of statistics.
Ministry of Statistics and Programme Implementation (MoSPI) has proposed to set up a National Data Warehouse with an aim to leveraging big data analytical tools. This move is to further improve the quality of macro-economic aggregates. MoSPI also plans to introduce a legislative framework so that the National Statistical Commission (NSC) can function with independence and give holistic guidance for improving the national statistical system. 

Significance:
The move also lends its support to the system reforms that are currently ongoing. It will also ensure the responsiveness to the changing needs of society that are necessary.
This proposed set up is necessary as there are increasing demands on the statistical system for the production of relevant and quality statistics.

National Data Warehouse for macro-economic aggregate:
The Ministry also proposed to establish a National Data Warehouse on Official Statistics. Here, the technology will be leveraged for using big data analytical tools for further improving the quality of macro-economic aggregates.
MoSPI has been criticized in some sections for the quality of macro-economic data.

Merger of merger of CSO and NSSO:
Regarding this the government has recently merged the Central Statistical Organisation (CSO) and the National Sample Survey Office (NSSO) to streamline and strengthen the statistical system. The merger leveraged the strengths of the two organisations so that it can meet the increasing demands.
The government use the statistical data to revise the GDP estimate would require concomitant changes in the sectoral data flows and associated regulatory framework in the data source agencies to facilitate the use of more macro modelling techniques.

Ministry of Statistics and Programme Implementation (MOSPI):
Established on: 15 October 1999 
Minister responsible: Rao Inderjit Singh, Minister of State (Independent Charge)
It has 2 wings:
       1)Department of Statistics
       2)Department of Programme Implementation
It is responsible for the development of the statistical system and maintains norms and standards in the field of statistics that involves concepts and definitions, methodology of data collection, processing of data and dissemination of results.
MoSPI is concerned with coverage and quality aspects of statistics.

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