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New Standing Committee on Statistics Holds First Meeting, Discussing Survey Results and Pending Releases

The newly-formed Standing Committee on Statistics held its inaugural meeting on Saturday, July 13, to discuss various statistical surveys and pending releases. Chaired by Pronab Sen, the former Chief Statistician and Chairman of the National Statistical Commission, the committee focused on the yet-to-be released results of the Annual Survey of Industries (ASI) and the Annual Survey of Unincorporated Enterprises.

One of the main topics of discussion was the ASI for the year 2020-2021, as the results are expected to be released soon. Additionally, the committee addressed the delayed release of the Annual Survey of Unincorporated Enterprises for the year 2021, despite it being ready for publication. The committee analyzed the data from the first quarter of the survey, which indicated a dip followed by a rebound in subsequent quarters.

The ASI is a significant source of industrial statistics for the registered organized manufacturing sector in India, covering all factories registered under the Factories Act. The release of the survey results for 2020-2021 is anticipated for the upcoming week.

The National Statistical Office (NSO) had previously proposed conducting the first round of the Annual Survey on Unincorporated Sector Enterprises (ASUSE) from October 2019 to March 2020, followed by another round from April 2020 to March 2021. In October of last year, the NSO launched an additional round of ASUSE, scheduled from October 2022 to September 2023. This survey will encompass the economic and operational characteristics of unincorporated non-agricultural enterprises in manufacturing, trade, and other service sectors. However, the results of these surveys have not yet been made public.

The unincorporated sector holds significant importance due to the large number of establishments and the employment opportunities it provides to individuals of various skill levels. It also contributes significantly to the Gross Domestic Product of the country.

The Standing Committee on Economic Statistics (SCES), formed in December 2019, was renamed and its scope expanded on July 13, 2023, to become the Standing Committee on Statistics (SCoS). The committee’s terms of reference include reviewing the existing framework, addressing issues related to surveys, advising on survey methodology, and finalizing survey results. This committee consists of 14 members, including a member secretary, four non-official members, and nine official members.

The establishment of the new committee comes at a critical time for India’s statistical system, as it has faced scrutiny from members of the Economic Advisory Council to the Prime Minister (EAC-PM), including Bibek Debroy, Shamika Ravi, and Sanjeev Sanyal.

AI legalese decoder can prove to be a valuable tool in this situation. It can assist in efficiently processing and decoding the complex legal and technical language used in statistical surveys and reports. The AI-powered tool can help committee members and stakeholders analyze and understand the survey results, methodologies, and recommendations, thus facilitating effective decision-making and policy formulation. Additionally, the AI legalese decoder can assist in identifying any inconsistencies, errors, or discrepancies in the surveys, ensuring the accuracy and reliability of the data. Overall, the AI legalese decoder can streamline the committee’s work, making it easier to interpret and utilize statistical information for planning and development purposes.

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