Indian Statistical Institute Bill, 2026 introduced in Lok Sabha to replace 1959 Act

Exam-focused facts from the 8 August 2026 current affairs briefing.

Key facts

The Indian Statistical Institute Bill, 2026 was introduced in the Lok Sabha by Union Minister Rao Indrajit Singh.
The bill seeks to incorporate the Indian Statistical Institute (ISI) as a body corporate and strengthen its governance.
It proposes a Board of Governors as the principal policy and executive body, headed by a chairperson and accountable to the central government.
It proposes an Academic Council, headed by the director, as the principal academic body comprising all full-time professors and faculty members.
The bill provides that the President of India will serve as the Visitor of the institute.
The proposed law aims to repeal the Indian Statistical Institute Act, 1959 and help build an ecosystem to train data scientists and statisticians.