Is the Government Adopting Global Standards for Key Data Compilation?
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Synopsis
The Indian government is taking significant steps by launching the GIRG initiative to monitor key Global Indices, ensuring that its methodologies align with international standards. This effort aims to improve India's performance on the global stage, engaging various ministries for comprehensive reforms.
Key Takeaways
- GIRG Initiative: Aimed at monitoring 26 Global Indices for better reforms.
- Inter-Ministerial Coordination: Essential for effective implementation of reforms.
- Data Accuracy: Regular updates to methodologies ensure reliability.
- Nodal Ministries: Tasked with improving their respective indices.
- Mobile Access: ‘GoIStats’ app provides real-time statistical data.
New Delhi, Dec 1 (NationPress) The government has launched the Global Indices for Reforms and Growth (GIRG) initiative to track the advancement of 26 selected Global Indices through inter-ministerial collaboration aimed at fostering reforms and growth within the nation, the Parliament was informed on Monday.
The Minister of State (Independent Charge) for Statistics and Programme Implementation, Rao Inderjit Singh, shared with the Rajya Sabha that the Ministry diligently compiles various indices, including estimates for Gross Domestic Product (GDP), monthly Consumer Price Index (CPI), and monthly Index of Industrial Production (IIP) in alignment with international standards.
“The base years for these indices are revised regularly to integrate advancements in methodology according to international guidelines and to capture significant structural changes over time, utilizing the latest available data sets,” he explained.
The 26 essential Global Indices are disseminated by 16 international organizations, covering four major themes: economy, development, governance, and industry.
The Development Monitoring and Evaluation Office (DMEO), part of NITI Aayog, acts as the knowledge partner and primary coordinator for this initiative.
“Under the GIRG framework, 26 chosen indices are assigned to 17 nodal ministries, which hold specific responsibilities to drive improvements,” stated the minister.
Importantly, these nodal ministries are tasked with conducting comprehensive reviews of the index methodologies and actively engaging with the relevant publishing agencies and international bodies, ensuring that the latest official Indian data sources are utilized in calculating these indices.
The minister further revealed that nodal and line ministries are required to pinpoint performance gaps and execute necessary remedial measures and policy reforms to address underlying issues, thus fostering tangible improvements in India’s global standing.
In addition, the ‘GoIStats’ mobile application has been created to offer users convenient access to official statistical data produced by the ministry.
Point of View
It is crucial to acknowledge the government's proactive approach in adopting global standards for data compilation. This initiative not only aims to elevate India's reputation on the international stage but also emphasizes the importance of data accuracy and consistency in formulating effective policies.
NationPress
01/12/2025
Frequently Asked Questions
What is the GIRG initiative?
The GIRG initiative stands for Global Indices for Reforms and Growth, which tracks 26 selected Global Indices to drive reforms and growth in India.
How does the government ensure data quality?
The government follows international standards for compiling key indices and revises base years periodically to improve methodology and incorporate recent data.
What themes do the Global Indices cover?
The Global Indices cover four primary themes: economy, development, governance, and industry, published by 16 international agencies.
What role does NITI Aayog play in this initiative?
NITI Aayog's Development Monitoring and Evaluation Office acts as the knowledge partner and central coordinator for the GIRG initiative.
What tools are available for accessing statistical data?
The government has launched the ‘GoIStats’ mobile application, providing users with easy access to official statistical data produced by the ministry.
