https://www.taxtmi.com/news?id=25544 The address stresses the indispensable role of official statistics in policy and crisis response, urging innovation in data sources and collection modes, rigorous validation, and safeguarding data quality, privacy and security. It highlights challenges to modelling and forecasting caused by structural breaks and shifting assumptions during the pandemic, recommends using multiple techniques with timely updates, and describes the Reserve Bank's measures-streamlined data flows, technology investments, consistency checks and alternative collection channels-to preserve data integrity and fulfil reporting obligations. en-us Wed, 29 Jun 2022 17:19:47 +0530 Wed, 29 Jun 2022 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25544 The address stresses the indispensable role of official statistics in policy and crisis response, urging innovation in data sources and collection modes, rigorous validation, and safeguarding data quality, privacy and security. It highlights challenges to modelling and forecasting caused by structural breaks and shifting assumptions during the pandemic, recommends using multiple techniques with timely updates, and describes the Reserve Bank's measures-streamlined data flows, technology investments, consistency checks and alternative collection channels-to preserve data integrity and fulfil reporting obligations. News - Wed, 29 Jun 2022 17:19:47 +0530 https://www.taxtmi.com/news?id=25544