{"id":239453,"date":"2023-04-24T21:17:55","date_gmt":"2023-04-24T15:47:55","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=239453"},"modified":"2023-04-24T21:17:55","modified_gmt":"2023-04-24T15:47:55","slug":"india-has-a-crucial-role-in-setting-international-statistical-standards","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-has-a-crucial-role-in-setting-international-statistical-standards\/","title":{"rendered":"India has a crucial role in setting international statistical standards"},"content":{"rendered":"\n

Source-<\/strong> The post is based on the article \u201cIndia has a crucial role in setting international statistical standards\u201d published in the \u201cLive mint\u201d on 24th April 2023.<\/p>\n

Syllabus: <\/strong>GS 3 – Important international institutions<\/p>\n

News<\/strong>– Recently, India was elected to the United Nations Statistical Commission (UNSC) after a gap of two decades. The membership is for a term of four years, beginning from January 2024.<\/p>\n

What are some facts about the United Nations Statistical Commission?<\/strong><\/h2>\n

The UNSC was established in 1947.<\/strong> It is the highest body <\/strong>of the global statistical system<\/strong>. It brings together the chief statisticians of member states from around the world.<\/p>\n

It is the highest decision making body<\/strong> for international statistical activities<\/strong>. It is responsible for setting statistical standards<\/strong> and the development of concepts and methods. It also includes their implementation at the national and international level.<\/p>\n

They also enable comparability across countries<\/strong> through various indicators such as Gross<\/p>\n

Domestic Product, Gross Value Addition, employment-unemployment statistics, price statistics, health accounts, tourism accounts, environment accounts.<\/p>\n

What are the contributions of India to the United Nations Statistical Commission?<\/strong><\/h2>\n

Two prominent statisticians from India have chaired the Commission. The first Indian to hold its chair was P.C. Mahalanobis.<\/strong> He was followed by V.R Rao<\/strong> who chaired the 19th session in 1976.<\/p>\n

Mahalanobis made path-breaking contributions<\/strong> to the UNSC during its formative years. He created a sub-commission on statistical sampling.<\/strong> It paved the way for the application of sample surveys<\/strong> in various fields of official statistics.<\/p>\n

Rao strengthened the statistical organisations<\/strong> of many developing countries, especially for carrying out household sample surveys. He chaired the only session of the UNSC held outside a UN duty station <\/strong>at New Delhi in1976.<\/p>\n

Which issues related to the accounting system need the consideration of the United Nations Statistical Commission?<\/strong><\/h2>\n

One of the most important items on the agenda will be the finalization and implementation of the System of National Accounts (SNA) 2025. <\/strong><\/p>\n

SNA refers to the framework<\/strong> adopted by UN member countries for the formulation of national accounts.<\/strong> It is the basis for estimation of GDP, GVA and other macroeconomic aggregates.<\/strong><\/p>\n

The current estimates of National Income are based on SNA 2008, with 2011-12 as base year.<\/strong><\/p>\n

Emerging economies like India are in a disadvantageous position because of non-measurement <\/strong>of certain economic activities, like unpaid work by women. <\/strong><\/p>\n

The women\u2019s labour participation rate<\/strong> in India is just about 20%, compared to about 70% in the US, UK and other developed countries.<\/p>\n

A majority of women are engaged in economic activities, such as family labour in agriculture. This remains unaccounted for.<\/strong><\/p>\n

With the internet and rapid digitalization,<\/strong> the basic structure of production, consumption and expenditure<\/strong> has changed since the SNA 2008. This has changed the production, consumption and expenditure patterns. <\/strong><\/p>\n

Digitalization has resulted in a shift from physical to online transactions<\/strong>. It has given rise to new types of economic activities<\/strong> that are beyond the old SNA framework.<\/p>\n

Digital intermediary platforms<\/strong> have emerged. The Gig economy<\/strong> has independent service providers who source their work from these platforms, such as bicycle couriers, and cab drivers. Currently, their value addition<\/strong> remains outside the system\u2019s accounting ambit.<\/p>\n

Similarly, there are a few products and services which are beyond SNA 2008<\/strong>, like data and digital services provided by enterprises.<\/p>\n

There are other important issues relating to the measurement of our well-being<\/strong> and the impact of climate change<\/strong>. There is a need to incorporate these economic activities into the revised SNA of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source- The post is based on the article \u201cIndia has a crucial role in setting international statistical standards\u201d published in the \u201cLive mint\u201d on 24th April 2023. Syllabus: GS 3 – Important international institutions News– Recently, India was elected to the United Nations Statistical Commission (UNSC) after a gap of two decades. The membership is… Continue reading India has a crucial role in setting international statistical standards<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10501],"class_list":["post-239453","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-live-mint","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704918227},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/239453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=239453"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/239453\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=239453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=239453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=239453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}