- RBI has formed an expert committee to benchmark its statistics.
- The committee has been constituted by RBI under the chairmanship of deputy governor Michael Debabrata Patra.
- It has been constituted for benchmarking the statistics regularly disseminated by RBI against global standards.
The Expert Committee has been constituted for following purposes
- Benchmark the statistics regularly disseminated by it against global standards / best practices
- Study the quality of other regular data, where such benchmarks do not exist (e.g., sectors of national priority)
- Provide guidance on the scope for any further data refinement
The Committee is expected to submit its report by the end of November 2024. The Committee has 10 members. The members of the committee include R. B. Barman, Sonalde Desai, Partha Ray, Bimal Roy, Paul Schreyer, Sudarshan Sen, Bruno Tissot, Muneesh Kapur and O.P. Mall.