Statistics system politicised, government must reduce control over it: Pronab Sen

India’s first chief statistician Pronab Sen on Friday stated that there’s a want for the federal government to lower the management over the statistical system as statistics in the present day has been politicised in any other case the nation won’t get the info it wants or not get it in time. He stated that it is a very latest growth and one thing that we’ve got to collectively tackle as in the present day no politician makes a speech with out throwing statistics which makes the work of the statistical system way more tough.

“Till 2014, no election speech ever talked about numbers, statistics was essentially unimportant to the political discourse. Statistics in the present day has been politicised, this was by no means the case earlier,” Sen stated at an occasion organised by the PHD Chamber of Commerce and Industry.

He stated every little thing modified after Prime Minister NarendraModi projected the Gujarat mannequin and confirmed the way it was higher than everyone else.

“The significance of statistical information is so excessive. There may be a variety of utility in once more a coalition of like-minded groups in making an attempt to get the federal government to lower the management over the statistical system. If not, we could not get the info we’d like and even when that information exists, we could not get that information in time,” he stated, including that it is a very latest growth and one thing that we’ve got to “collectively tackle”.

Sen stated the statistical system has at all times been vital however earlier, it was used basically as a device of choice making whether or not in authorities or business.

Development, funding

Sen stated the main target appears to be primarily getting that funding price up and requested why the quantity of funding isn’t translating into gross home product progress.

“We’re in a state of affairs the place…we’re over-investing given no matter restricted quantity of funding funds we’ve got. That’s, the capital depth of Indian manufacturing has gone up considerably,” he stated.

He stated {that a} nation which has an enormous endowment of labour goes for extra capital-intensive manufacturing due to the time period construction of rates of interest and recommended a gradual improve within the unfold of 1 yr time period mortgage and long run charges.

“The entire debate has been taken up by the funding bankers notably the overseas funding bankers for whom a really flat yield curve with little or no spreads is nice information however when it comes to the economic system, it’s harmful,” Sen stated, as he pushed for skilling.

On the impression of the Covid-19 pandemic on migrant staff, he stated it has instilled the concern of a identified house however with out assist programs, and pitched for lively cooperation of each state governments and business.

“That is the primary time it has occurred that this type of concern has gotten into the minds of migrant staff. We are going to face an even bigger problem when it comes to talent availability for business,” Sen stated.

He stated the latest tariff hikes are retrograde as after reaching a sure degree of worldwide competitiveness, it reveals that the nation is now prepared to tolerate laxer requirements and that’s harmful.