Statisticians should gain knowledge and ideas in other disciplines: M R Vasudeva

August 30, 2013

Mangalore, Aug 30: Statistics is not knowledge in itself, but rather a tool to arrive at knowledge, said retired Director of Mangalore International Airport M R Vasudeva.

Speaking after inaugurating the two-day state level seminar on 'Statistical Methods For Practice' organised by Department of Statistics at St Agnes College, Mangalore, on Friday, he said that statistical thinking would be the way of life among people in the future.

“Statistics does remove the domain of ignorance by helping one with facts and figures. It helps you to be precise, to remain within your domain and keeps you on the proper track. When you know your figures correctly, collected, compiled, tabulated, analysed and interpreted, you will not go wrong. However, unless a statistician gets into the nitty-gritty of the industry and its requirements, he may not be able to give the correct information. Hence, he should be involved in the industry,” he said.

He said that statistics could be misused sometimes. Politicians cling on to statistics not for illumination but for support, and that is where they go wrong, he said.

Speaking about the contribution of statistics, he said that in the last 100 years, the work done by statisticians was immense. The number of disciplines using statistics has gone over three dozen. It is developing the thought-process in human beings. This is the contribution of statistics to the society. The best way is to apply statistics in every field of operation, and it should be studied for the benefit of society as a whole. Statisticians should be given enough ideas and knowledge about social sciences, econometrics, business, medicine etc, so that they are able to help the society in identifying and solving its problems, he said.

Statistics is helping to conduct the various scientific researches, and is questioning the integrity of the scientific method if it is not being used correctly. A statistician is an important person in the organisation who should be identified and recognised by the management; hence, you should equip yourselves with more ideas and knowledge, he told the gathering.

He added that statistical organisations should see to it that the role of statisticians is upgraded, and statistical consultation should be brought in India.

In her address, principal of the college, Sr Prem D'Souza said that real education was that which enables one to stand up on one's own feet. The year 2013 being marked as the International Year of Statistics shows how important the subject is, she said.

Prof Venkataramana, Prof Sridhar, Prof Deepak Dayanthy and Head of Department of Statistics Shubharekha were present during the programme.

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PM Modi vows to strengthen India-Maldives ties, inks currency swap deal with President Muizzu

News Network

October 7,2024

New Delhi: Seeking to strengthen bilateral ties, India and the Maldives on Monday inked a currency swap agreement to the tune of $400 million, a move that would help the archipelago nation overcome foreign exchange reserve issues.

Prime Minister Narendra Modi and visiting Maldivian President Mohamed Muizzu also launched Rupay card in the Maldives, inaugurated the new runway at the Hanimadhoo International airport and agreed to further strengthen bilateral relations that had hit a rocky patch last year.

Muizzu, who is on a four-day state visit, held talks with Prime Minister Modi at the Hyderabad House here.

After the talks, India also handed over 700 social housing units to the Maldives built under the EXIM Bank’s buyer’s credit facilities.

"Today, we have inaugurated the redeveloped Hanimaadhoo Airport. Now, the Greater Male Connectivity Project will also be expedited. We will also support the development of a new commercial port in Thilafushi," Modi told reporters here with Muizzu by his side.

Modi said India and Maldives have decided to initiate discussion on the Free Trade Agreement to further strengthen economic ties.

The prime minister described Maldives as a "close friend" which had an important position in India's neighbourhood policy and SAGAR vision.

"India has always fulfilled the responsibilities of a neighbour. Today, we have taken up the vision of a comprehensive economic and maritime security partnership to give our mutual cooperation a strategic direction," Modi said.

Earlier, Muizzu was accorded a ceremonial welcome at the Rashtrapati Bhawan by President Droupadi Murmu. Prime Minister Modi was also present on the occasion.

Muizzu was given a tri-services guard of honour before he drove down the Rajghat to offer his respects at the memorial to Mahatma Gandhi.

The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.

Muizzu won the presidential election last year on the 'India out' campaign and asked New Delhi to withdraw its military personnel posted in the archipelago nation by May this year.

The bilateral ties also hit a rocky patch when Maldivian ministers were critical of Modi. However, Muizzu has since toned down his anti-India stance and even sacked ministers who were critical of the Indian prime minister.

As the Maldives was grappling with a serious economic downturn, India has decided to extend vital budgetary support to the Maldives government with the rollover of a $50 million Treasury Bill for another year.

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