Directorate General of Commercial Intelligence and Statistics
19-12-2024
09:30 AM
1 min read
Overview:
Directorate General of Commercial Intelligence and Statistics (DGCIS) initiates “detailed examination” after official trade figures showed that India’s gold imports in November surged threefold to an all-time high of $14.8 billion compared to the previous year.
About Directorate General of Commercial Intelligence and Statistics:
- It is the premier organization of Government of India for collection, compilation and dissemination of India’s trade statistics and commercial information.
- History
- The Organization traces its origin to a statistical branch established in the Finance Department of the Government of India way back in 1862.
- Sir William W. Hunter was the first DG of the DGCI & S or the Director General of Statistics as he was designated, back in 1871.
- Functions
- It is entrusted with the work of collecting, compiling and publishing/disseminating trade statistics and various types of commercial information required by the policy makers, researchers, importers, exporters, traders as well as overseas buyers.
- It is the first large scale data processing organization functioning as a nodal agency for Export & Import data in the country.
- It also compiles and publishes the inland Trade Statistics covering inter-state movements of goods by rail, river and air on yearly basis.
- It is headed by the Director General, an Additional Secretary level officer of Indian Statistical Services (ISS).
- Nodal Ministry: It works under the Ministry of Commerce.
- Headquarter: Kolkata.
Q1: What are statistics?
It is the science of collecting, analyzing, presenting, and interpreting data. Governmental needs for census data as well as information about a variety of economic activities provided much of the early impetus for the field of statistics.
News: Government to reexamine ‘unusual’ gold import surge amid indications of double-counting