Niti for revamp of Indian statistical system

Niti Aayog vice-chairman Rajiv Kumar has stressed on the revamp and modernisation of the Indian statistical system so that real-time data is captured and used for policy analysis.

The Aayog, Kumar says, is in touch with the World Bank for modernising the country’s statistical system.

“One thing that I am clear about is that our statistical system needs to be revamped, modernised and get aligned with the statistical system in the world,” he told PTI in an interview.

Recently, several experts including former RBI Governor Raghuram Rajan and former chief economic advisor Arvind Subramanian had expressed doubts over India’s revised economic growth data. Both Rajan and Subramanian had said that the current cloud over the GDP numbers must be cleared by appointing an impartial body to look at the data.