India Joins UN Committee on Big Data for Statistics

By By Rediff Money Desk, New Delhi
Jan 11, 2025 14:32
India joins the UN Committee of Experts on Big Data and Data Science for Official Statistics, highlighting its commitment to leveraging data for informed decision-making.
New Delhi, Jan 11 (PTI) India has joined the UN Committee of Experts on Big Data and Data Science for Official Statistics (UN-CEBD), which underscores the country's growing stature in the global statistical community and highlights its commitment to leveraging data and technology for informed decision-making.

The UN-CEBD was created to further investigate the benefits and challenges of Big Data, including the potential for monitoring and reporting on sustainable development goals.

As part of the committee, India will contribute to shaping global standards and practices in harnessing Big Data and data science for official statistical purposes, the statement by Ministry of Statistics and Programme Implementation (MOSPI) said.

India's active engagement in the Committee of Experts will highlight its pioneering initiatives, including the establishment of the Data Innovation Lab and exploration of alternate data sources such as satellite imagery and machine learning for policy making.

This membership is a strategic opportunity for India to align its domestic advancements in Big Data and data science with international goals, showcasing the country's capability to lead transformative initiatives in the data domain.

Big Data and advanced data science techniques have the potential to revolutionize the production and dissemination of official statistics.

By integrating non-traditional data sources such as IoT, satellite imagery, and private sector data streams, India aims to modernize its statistical processes, enhance the accuracy of estimates, and enable the timely availability of critical data for policy formulation and governance.

This engagement will also complement India's ongoing efforts to streamline statistical production and drive innovation in data collection, processing, and analysis to reduce the time lag in data availability, the statement said.

It will also improve decision-making and provide policymakers with real-time insights for evidence-based decisions, addressing key socio-economic challenges.
Source: PTI
Read More On:
big datadata scienceofficial statisticsun committeeindia
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Commodities Prices Today

Thursday's commodities prices in Bengaluru. Find rates for rice, jowar, jaggery,...

ICICI Prudential AMC Pre-IPO: Rs 4,815 Cr Raised

ICICI Prudential AMC raises Rs 4,815 cr in pre-IPO funding from 26 investors. IPO opens...

Aster DM: Rs 120 Cr for Cancer Treatment

Aster DM Healthcare invests Rs 120 cr to set up 5 cancer treatment centers for...

Indowind Energy Rights Issue Oversubscribed

Indowind Energy's rights issue oversubscribed by 1.04 times, raising ₹49.43 crore....

Kshema Power Bags Substation Order

Kshema Power secures order for 33 kV/220 kV AIS power substation for a 350 MW...

Alembic Pharma Gets USFDA Nod for Eye Treatment

Alembic Pharmaceuticals receives USFDA approval for generic Loteprednol Etabonate &...

Equity Mutual Funds Rebound: Rs 29,911 Cr Inflows

Equity mutual funds see a 21% rise in inflows to Rs 29,911 crore in November. AUM...

India-Canada Ties: Envoy Meets Canadian Officials

Indian envoy to Canada meets with Canadian officials to enhance bilateral ties,...

Chennai Bullion Rates Today

Opening bullion rates in Chennai on December 11th. Check gold and silver prices per...

Choppy Stock Market: Sensex, Nifty Fluctuate

Indian stock markets open positive but turn choppy amid mixed global cues. Sensex and...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com