Tuesday October 23, 2018
Home India Shortage of D...

Shortage of Data Scientists in India: National Statistical panel chief

0
//
92
Data scientists, combining expertise in statistics and software, are much sought after in India . Pixabay
Republish
Reprint

Kolkata, May 30, 2017: Data scientists, combining expertise in statistics and software, are much sought after in India which is experiencing dearth in the number of such experts, National Statistical Commission Chairman R.B. Barman said here on Tuesday.

Barman said the emerging field of data science using conventional tools, machine learning and artificial intelligence is a “fertile area of research” for deeper insight on the market micro-structure, hidden in voluminous transactional data of customers.

NewsGram brings to you latest new stories in India.

“The numbers are not known. Only price is an indicator. There is a shortage. Today if you want to employ, there are some companies in Bengaluru, I think they pay anything from Rs 20 lakh (per annum) and above.

“Every year these people want a hike of 20 per cent or more and they go on doing this and that means there is a gap in the supply and demand,” Barman told IANS here on the sidelines of the 70th convocation ceremony of International Statistical Education Centre (ISEC) at the Indian Statistical Institute.

Elaborating on the importance of data scientists, he said there are three challenging dimensions to it: statistics, handling the data very intelligently and understanding the business context.

Go to NewsGram and check out news related to political current issues.

“According to one definition, a data scientist is one who knows more statistics than a statistician and knows more of software than a software expert. So if you look at this definition there is a huge demand.

“And they should ultimately understand the business. Our institutions are slowly coming up. So for example, in Mumbai where I live, all institutes are trying to change their courses from econometrics to data science. That is the buzzword,” he said. (IANS)

Click here for reuse options!
Copyright 2017 NewsGram

Next Story

Kejriwal’s Door to Door Donation Drive is a Farce: Munish Raizada

Chanda Bandh Satyagraha makes an appeal that AAP should immediately restore donors' list on its website and then only seek new donations.

0
Kejriwal
Dr. Munish Raizada along with his Chanda Bandh Satyagraha team outside the office of AAP MLA Jarnail Singh (Tilak Nagar). File photo

Chicago: The Aam Aadmi Party Convener and Delhi CM Arvind Kejriwal has launched a door to door campaign seeking donations for the AAP.  According to former overseas co-coordinator of Aam Aadmi Party, Dr. Munish Raizada, this is nothing more than a misleading campaign!

Raizada says that Kejriwal has no moral right to seek donations from common man as he has dismantled financial transparency in AAP by removing donors list from its website. Displaying donors’ list showing real time donations and making the income and expenditure accounts available online were the basis and the promise of the AAP, emphasised Raizada.

Now, after hiding donors’ list and its balance sheets from the public, the AAP cannot claim to be practising alternative politics.

Munish Raizada, kejriwal
Lack of financial transparency in the Arvind Kejriwal-led AAP prompted a group of NRIs, who once worked to mobilise funds and support for the party, to turn against it. (File photo)

It may be noted that AAP removed the list of donors from its website in June 2016. Moreover, since then AAP has been surrounded with controversies related to donations. AAP had also received Rs 30.67 crore Income Tax notice, last year in November, implying that all is not well with AAP’s accounts, says Raizada.

He further questions Kejriwal, that if AAP has nothing to hide about its accounts and if AAP is honest with its account keeping then why is Kejriwal hiding the donations?

Even the donation policy that was earlier the pride of every AAP volunteer has been done away with. The donation policy on AAP website used to state: “Every single rupee donated to the party will be published on the website immediately along with the details of the donor. Every expense done by the party will also be published on the website.”

But rather than putting the donors’ list in public domain, the party’s corrupt leadership started blaming BJP and I.T. Department for harassing its donors.

 

munish raizada, kejriwal
Chanda Bandh Satygrah demands restoration of  lost values in AAP ( File Photo)

 

Opaque political funding is the fountain head of corruption. Further, Raizada says that if the party cannot be transparent in its political funding, then talking about fighting corruption and graft is a mere rhetoric. He said that the appeals by Chanda Bandh Satyagraha have fallen on deaf ears as far as the party’s

leadership is concerned. 

Chanda Bandh Satyagraha makes an appeal that AAP should immediately restore donors’ list on its website and then only seek new donations. Chanda Bandh Satyagraha was started by AAP’s volunteers in 2016, with an appeal to the public not to donate to AAP unless it makes its donation lists open and transparent.