Indian Statistical Institute Bill 2026: Governance Reforms

Indian Statistical Institute Bill 2026: Governance Reforms.webp

New Delhi, March 11 The Union Cabinet is likely to approve the Indian Statistical Institute Bill, 2026, which provides for the incorporation of the Indian Statistical Institute (ISI) as a corporate body and a framework for its effective governance, Parliament was informed on Wednesday.

The draft Indian Statistical Institute Bill, 2026 aims to enhance ISI's autonomy and accountability, stated Minister of State for Statistics and Programme Implementation Rao Inderjit Singh in a written reply to the Lok Sabha.

"The process of Cabinet approval has been initiated. The matter is under consideration in accordance with the prescribed procedure," Singh said.

The pre-legislative consultation, including inter-ministerial consultation, on the draft ISI Bill has concluded. Legal vetting of the draft has also been completed, he added.

The bill provides a more robust and contemporary governance framework which will enable ISI to emerge as a globally recognized center of excellence in statistical and allied disciplines. According to the draft bill, the Board of Governors of ISI will be an empowered body comprising 11 members.

There will be only one government nominee on the board, five external experts (including the Chairperson), and five internal members of the institute, including two members of the Academic Council.

This will provide academic and governance autonomy to the institute, the minister stated.

The bill provides for the recognition of the institute's centers and grants them a degree of autonomy.

The institute's centers will be given adequate financial, administrative, and academic powers, so as to enable them to achieve autonomy in their decision-making and functioning through their respective Management Councils, he stated.

Collectively, the provisions in the bill will strengthen the academic autonomy, the minister stated.

The bill introduces and streamlines accountability channels at various levels. It provides for review and inquiry by the visitor, review of the medium-term and long-term plan by the Board, and submission of annual performance report and annual financial report by the director.

By aligning ISI with the legal and governance framework of other peer Institutions of National Importance, the ISI Bill 2026 intends to enhance institutional autonomy and accountability and also strengthen its capacity to deliver world-class education, research, and policy support, he said.
 
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academic council board of governors corporate governance draft bill governance framework government nominee indian statistical institute institutional autonomy inter-ministerial consultation legal vetting lok sabha management councils national importance institutions policy support statistical institute
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