This bill updates the law for the Indian Statistical Institute (ISI), a major educational and research center for statistics in India. It makes ISI a more formal, independent body and sets clear goals for it to teach, research, and work with businesses and government in areas like statistics, math, and computer science. The bill aims for ISI to become a global leader in these fields.
- Improved quality and application of statistical data and research, which could inform public policy and business decisions.
- Enhanced educational programs in statistical sciences, benefiting students and the workforce.
- Increased collaboration between ISI and various sectors, potentially leading to innovations and solutions for societal challenges.
What It Does
This bill legally transforms the Indian Statistical Institute (ISI) from a society into a not-for-profit body corporate. It updates the institute's mission to advance statistical sciences, foster interdisciplinary research, and promote collaboration with industry and government. It also modernizes the governance framework by detailing the roles of the President as Visitor, a new Board of Governors, academic and finance councils, and the Director, while adjusting the extent of central government oversight.
Key Provisions
Primary Sources
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