Thursday March 21, 2019
Home India Shortage of D...

Shortage of Data Scientists in India: National Statistical panel chief

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

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)

Next Story

Report Claims, As Many As 1 Billion Indians Live in Areas of Water Scarcity

The report also highlighted that India uses the largest amount of groundwater -- 24 per cent of the global total and the country is the third largest exporter of groundwater -- 12 per cent of the global total.

0
water
Global groundwater depletion - where the amount of water taken from aquifers exceeds the amount that is restored naturally - increased by 22 per cent between 2000 and 2010, said the report, adding that India's rate of groundwater depletion increased by 23 per cent during the same period. Pixabay

As many as one billion people in India live in areas of physical water scarcity, of which 600 million are in areas of high to extreme water stress, according to a new report.

Globally, close to four billion people live in water-scarce areas, where, for at least part of the year, demand exceeds supply, said the report by non-profit organisation WaterAid.

This number is expected to go up to five billion by 2050, said the report titled “Beneath the Surface: The State of the World’s Water 2019”, released to mark World Water Day on March 22.

water
Pure water droplet. Pixabay

Physical water scarcity is getting worse, exacerbated by growing demand on water resources and and by climate and population changes.

By 2040 it is predicted that 33 countries are likely to face extremely high water stress – including 15 in the Middle East, most of Northern Africa, Pakistan, Turkey, Afghanistan and Spain. Many – including India, China, Southern Africa, USA and Australia – will face high water stress.

water
Globally, close to four billion people live in water-scarce areas, where, for at least part of the year, demand exceeds supply, said the report by non-profit organisation WaterAid. Pixabay

Global groundwater depletion – where the amount of water taken from aquifers exceeds the amount that is restored naturally – increased by 22 per cent between 2000 and 2010, said the report, adding that India’s rate of groundwater depletion increased by 23 per cent during the same period.

Also Read: Beware! Sipping Hot Tea Raises Risk of Esophageal Cancer

The report also highlighted that India uses the largest amount of groundwater — 24 per cent of the global total and the country is the third largest exporter of groundwater — 12 per cent of the global total.

The WaterAid report warned that food and clothing imported by wealthy Western countries are making it harder for many poor and marginalised communities to get a daily clean water supply as high-income countries buy products with considerable “water footprints” – the amount of water used in production — from water-scarce countries. (IANS)