According to the ministry's notice, the CSI would have a tenure of three years which may be extended by an additional two years.
The age of the candidate at the time of applying should not be more than 55 years. The CSI also discharges duties as Secretary of MOSPI and also heads the National
Besides, the CSI serves as Secretary of the National
Statistical Commission. The ministry began the process of recruiting the CSI in February 2018, a month after the retirement of TCA Anant.
The appointment is important because the CSI is responsible for bringing out important macroeconomic data which is required for policy making by different wings of the government.
The CSI brings out national
accounts data (economic growth), factory output and retail inflation. These three sets of macroeconomic data are required for taking the right steps at the right time to maneuver the economic activities in the country by the government.
Besides, the CSI is a point person for job surveys, economic census, the annual survey of industries, and surveys on health, agricultural households consumption spending.