MoSPI signs MoU with Thapar Institute to develop AI-driven predictive framework for monthly consumption expenditure
Distilled Policy Brief
- The Ministry of Statistics and Programme Implementation (MoSPI) signed an MoU with Thapar Institute of Engineering and Technology, Punjab, to conduct a research study for developing a predictive and analytical framework for monthly consumption expenditure in India.
- This initiative represents a step towards the innovative use of Artificial Intelligence (AI) in official statistics and underscores the growing collaboration between MoSPI and academic institutions.
🎯 Prelims High-Yield Examination Points
Household Consumption Expenditure Survey (HCES), Monthly Per Capita Consumption Expenditure (MPCE), and the role of MoSPI in official statistics.
⚖️ Mains Analytical & Syllabus Linkages
Analyze the significance of integrating Artificial Intelligence (AI) and academic collaborations in official statistics for robust poverty estimation and macroeconomic planning in India.
🎯 UPSC Prelims Practice Drill
With reference to the recent initiatives in India's official statistics, consider the following statements: 1. The Ministry of Statistics and Programme Implementation (MoSPI) has partnered with an academic institution to develop a predictive and analytical framework for monthly consumption expenditure using Artificial Intelligence (AI). 2. The initiative aims to leverage Household Consumption Expenditure Survey (HCES) data to estimate Monthly Per Capita Consumption Expenditure (MPCE) at national and state levels for poverty estimation and macroeconomic planning. Which of the statements given above is/are correct?
- [A] 1 only
- [B] 2 only
- [C] Both 1 and 2
- [D] Neither 1 nor 2
▶ Reveal Official Answer & Analytical Explanation
Statement 1 is correct: MoSPI signed an MoU with Thapar Institute of Engineering and Technology, Punjab, to develop a predictive and analytical framework for monthly consumption expenditure, representing an innovative use of AI in official statistics. Statement 2 is correct: The collaboration aims to leverage Household Consumption Expenditure Survey (HCES) data to estimate Monthly Per Capita Consumption Expenditure (MPCE) at both national and state levels to assist in poverty estimation and macroeconomic planning.
🏛️ Historical Twin PYQ Anchor (2021)
Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.