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Statistics play an important role in shaping the policies and development of a nation. Accurate data helps governments make informed decisions in economic planning, social welfare, and more. Recognising the importance of good statistical systems, India established the Ministry of Statistics and Programme Implementation (MOSPI). The ministry provides reliable statistics and oversees the implementation of projects that are essential for national progress. It ensures that resources are allocated efficiently and that development reaches all segments of society.

Stay tuned as the write-up will find out how MOSPI India originated, its key roles, its adoption of technological innovations, and much more.

Key Highlights

  • The Ministry of Statistics and Programme Implementation plays a crucial role in collecting, analysing, and disseminating statistical data. It is important for India's policy-making, planning, and development.
  • The Ministry of Statistics Program Implementation is organised into two main wings: the Statistics Wing, responsible for handling data related to various socio-economic indicators, and the Programme Implementation Wing, which monitors central sector projects.
  • MOSPI utilises advanced technologies like Computer Assisted Personal Interviewing (CAPI) and Geographic Information Systems (GIS) to enhance the accuracy and efficiency of data collection and analysis.
  • MOSPI India follows international standards such as the Special Data Dissemination Standard (SDDS) of the International Monetary Fund. It ensures that the data it provides can be reliably compared with that of other nations.

What is MOSPI?

The Ministry of Statistics & Programme Implementation is a pivotal entity within the Indian government. It is charged with the collection, analysis, and dissemination of official statistics.

MOSPI India stands out for its commitment to providing reliable, timely, and comprehensive statistical data to a wide array of stakeholders, including policymakers, researchers, media, and the general public. This data serves as the backbone for informed decision-making across different sectors of the economy and governance.

MOSPI's work extends beyond data collection and also helps in the analysis of this data. It provides trends and insights that are critical for strategic development and governance. By maintaining a strong statistical system, the Ministry of Statistics & Program Implementation supports the government's efforts to achieve sustainable development, equitable growth, and effective governance.

Who is the Minister of Statistics And Programme Implementation?

The Ministry of Statistics and Programme Implementation (MoSPI) is currently led by Rao Inderjit Singh, who serves as the Union Minister of State (Independent Charge) for both the Ministry of Statistics and Programme Implementation and the Ministry of Planning.

Key Structure and Designations Within MOSPI India

The Ministry of Statistics & Programme Implementation is organised into two major wings: the Statistics Wing and the Programme Implementation Wing.
The Statistics Wing is operationalised through the National Statistical Office (NSO), which includes the Central Statistics Office (CSO), and the National Sample Survey Office (NSSO).

The Programme Implementation Wing monitors the implementation of various central sector projects. It ensures that projects funded by the central government are executed efficiently and achieve their intended outcomes. It uses tools like the online computerised monitoring system (OCMS) to track the progress of these projects in real-time. Additionally, this wing is responsible for coordinating with other government departments, so that the project is implemented with national development objectives.

The following table describes the primary departments within MOSPI and their respective roles -

Department Details of the Department
National Statistical Office (NSO) The NSO is divided into several key components: the Central Statistics Office (CSO) and the National Sample Survey Office (NSSO).
Central Statistics Office (CSO) CSO is responsible for macroeconomic data. It includes national income, consumer price indices, and industrial production. They play a major role in the calculation of GDP (gross domestic product) and other economic indicators.
National Sample Survey Office (NSSO) NSSO conducts large-scale sample surveys across India to collect socio-economic data. It helps in assessing living standards, employment status, and consumer expenditure among other metrics.
Programme Implementation Wing This wing monitors the implementation of central sector projects, overseeing their progress and ensuring timely completion.
Infrastructure Statistics Division Focuses on collecting and analysing data related to infrastructure sectors like roads, ports, and electricity, crucial for planning and development assessments.
Administrative Statistics Division Handles data coming from various government departments. It ensures that everything is structured and usable for policy-making and administrative purposes.

Designations Within MOSPI India

Key designations within MOSPI include:
  • The Secretary of the Ministry oversees administrative functions and coordination among different departments.
  • The Director Generals of NSO manages the specifics of statistical data collection and analysis.

The Ministry of Statistics & Program Implementation is also instrumental in deploying comprehensive statistical measures and monitoring the implementation of central sector projects through its various departments. These include departments focused on macroeconomic statistics, program implementation, and infrastructure project monitoring.

The ministry also ensures that data is accessible and useful for policy-making and public information. This includes data on national income, consumer expenditure, employment statistics, and more.

How Ministry of Statistics & Program Implementation Originate?

Before the formation of the Ministry of Statistics & Programme Implementation (MOSPI) in 1999, the functions related to statistics and programme implementation were managed by separate departments within the Government of India.

The Department of Statistics was primarily responsible for collecting and processing statistical data on various aspects of the Indian economy and society. On the other hand, the Department of Programme Implementation focused on monitoring the progress of central sector projects and other development initiatives.

The merger into a single ministry - MOSPI was done to integrate these related but separate functions to improve efficiency and effectiveness. This restructuring offers a coordinated approach to handling statistical data and program monitoring. It offers better planning, execution, and monitoring of development projects with an enhanced focus on utilising statistical data for policy-making and assessment.

The creation of MOSPI India also led to the establishment of the National Statistical Office (NSO), which consolidated the statistical activities under one umbrella - combining the roles of the Central Statistics Office (CSO) and the National Sample Survey Office (NSSO). It has facilitated a more streamlined collection and dissemination of data for consistency and reliability across various statistical measures and surveys.

Functions and Responsibilities of MOSPI India

The Ministry of Statistics Programme & Programme Implementation has a broad range of responsibilities and functions that are important for the development and governance of India.

Listed below are some of the key roles and responsibilities:

  • Collection and Publication of Statistical Data: MOSPI is responsible for collecting, analysing, and publishing statistical data on various aspects of the Indian economy, society, and environment.
  • National Income Accounts: MOSPI India estimates and monitors the National Income Accounts, providing detailed measures of the country's economic performance including GDP, gross value consumption, expenditure, savings, and investment. These metrics are essential for assessing economic health and planning.
  • Surveys on Socio-economic Topics: The ministry conducts extensive surveys covering crucial socio-economic aspects such as employment, consumer expenditure, health, education, and housing. These surveys help in understanding the living standards and needs of different population segments.
  • Monitoring Government Projects: One of the key responsibilities of MOSPI is to monitor the implementation of central sector projects. It confirms that the projects funded by the central government are executed on time and within the allocated budget.
  • Conducting Survey and Census: The Ministry of Statistics & Program Implementation conducts large-scale surveys and censuses to gather detailed information on demographic, social, and economic parameters. This includes the National Sample Survey (NSS) and the Economic Census.
  • Members of Parliament Local Area Development Scheme (MPLADS): Ministry Of Statistics & Programme Implementation oversees MPLADS. It helps MPs to recommend developmental works in their constituencies, focusing on creating durable community assets. This scheme helps in localised development.
  • Ensuring Quality and Reliability of Data: MOSPI works to improve the quality, reliability, and availability of statistics. It is involved in setting statistical standards and methodologies that align with international practices.
  • Policy Support: The statistical data and insights provided by MOSPI support policymaking and planning. This helps in formulating informed policies that play a major role in social and economic development.
  • Capacity Building: MOSPI engages in capacity building by training its personnel and enhancing the statistical infrastructure across the country to meet the increasing demands of data for planning and development.
  • International Collaboration: The ministry collaborates with international bodies and other nations to enhance the statistical systems and share best practices. This includes participation in international conferences and adherence to global standards like the SDDS of the International Monetary Fund.

Role of Ministry Of Statistics & Programme Implementation in Central Sector Projects

Central Sector Projects are significant infrastructural and development projects that are entirely funded and executed by the central government. These projects often span multiple sectors, such as infrastructure, energy, and health, and are crucial for national development.

Role of Ministry Of Statistics & Programme Implementation in Central Projects

  • Project Monitoring: MOSPI through its Infrastructure and Project Monitoring Division (IPMD), monitors the implementation of Central Sector Projects costing more than ₹150 crores. This includes tracking the progress and ensuring that projects are completed within their designated timelines and budget allocations.
  • Online Computerised Monitoring System (OCMS): MOSPI India uses OCMS to enhance transparency and efficiency in the monitoring process. This system allows for real-time tracking of project status and helps in identifying and resolving any delays or issues promptly.
  • Systemic Improvements: MOSPI has introduced various systemic improvements to enhance project implementation. This includes setting up Empowered Committees for departmental projects, establishing Standing Committees to address time and cost overruns, and appointing nodal officers for each project.

Examples of Central Sector Projects Monitored by MOSPI

  • Gati Shakti Programme: A national infrastructure project focusing on multimodal connectivity to reduce logistic costs.
  • Bharatmala Pariyojana: A centrally-sponsored and funded road and highways project.
  • Pradhan Mantri Awas Yojana (Urban): Aimed at providing affordable housing to the urban poor.
  • Saubhagya Scheme: To provide universal household electrification in the country.
  • Jal Jeevan Mission: To provide safe and adequate drinking water through individual household tap connections.

Also Read: PMAY List 2024 - Check Pradhan Mantri Awas Yojana List (Gramin & Urban)

Significant Achievements and Milestones of MOSPI India

The table below highlights the significant achievements and milestones of the Ministry of Statistics Program Implementation -

Achievement/Milestone Details
Revision of National Accounts MOSPI has updated the base year for macroeconomic aggregates like GDP, which improves the accuracy and relevance of economic data.
Launch of the Periodic Labour Force Survey (PLFS) This new survey provides reliable employment data to support labour market analysis.
Introduction of the MPLADS e-SAKSHI Mobile App Enhanced transparency and efficiency in the MPLADS. It helps MPs to track and manage development projects in real time.
Adoption of the UN Fundamental Principles of Official Statistics MOSPI has reinforced its commitment to good governance by adopting international standards for data management.
Enhancements in the Consumer Price Index (CPI) The base year for the CPI has been updated. It reflects current economic conditions for more accurate inflation tracking.

Key Statistical Projects and Surveys Conducted by MOSPI

Some of the key statistical projects and services conducted by the Ministry of Statistics & Programme Implementation are:
  • National Accounts Statistics: MOSPI compiles comprehensive macroeconomic data. It includes GDP, consumption expenditure, and capital formation.
  • Index of Industrial Production (IIP): This monthly index measures the performance and general health of various sectors of the economy, including manufacturing, mining, and electricity.
  • Annual Survey of Industries (ASI): This survey provides annual data on factories and industries, covering aspects like employment, wages, productivity, and other essential economic factors.
  • Environmental Statistics (EnviStats): The ministry collects and publishes data related to environmental conditions, resource usage, and residuals, aiding in policy-making for sustainable development.
  • Surveys by National Sample Survey Office (NSSO): The NSSO conducts extensive surveys on socio-economic indicators, providing valuable data on employment, consumer expenditure, health, education, and environmental conditions.

What is the MOSPI's Contribution to National Policy Making?

As discussed, the Ministry of Statistics & Program Implementation helps in the central sector projects that significantly influence national policy-making in India.
National policy refers to the strategic decisions and actions taken by the government to manage various aspects of the nation's affairs, which can include economic, social, environmental, and administrative areas.

MOSPI's Contribution to National Policy-Making

  • Economic Planning and Analysis: MOSPI provides essential data on economic indicators like GDP, inflation rates, and industrial production through its statistical projects like the National Accounts Statistics and the Index of Industrial Production (IIP). This data helps the government to assess the health of the economy, make informed decisions, and plan economic policies effectively.
  • Sectoral Impact Assessment: Through surveys such as the Annual Survey of Industries and environmental statistics like EnviStats, MOSPI India helps the government understand the impact of various sectors on the economy and environment. This aids in preparing targeted policies that promote sustainable development and efficient resource management.
  • Social and Economic Research: The extensive socio-economic surveys conducted by the National Sample Survey Office (NSSO) under MOSPI, such as those on consumer expenditure, employment, health, and education, provide a detailed understanding of the living conditions of the Indian population. This helps in formulating policies for social welfare and reducing inequalities.
  • Data-driven Decision Making: MOSPI India enhances the government's ability to make data-driven decisions by providing reliable, timely, and transparent data. This capability is integral to developing effective policies that can adapt to the dynamic needs of the nation.
  • International Standards and Collaboration: By adhering to international standards and actively collaborating with global organisations, MOSPI ensures that the statistical data and methodologies used are of the highest quality.

MOSPI's Role in Supporting Health Insurance

The Ministry of Statistics & Programme Implementation contributes significantly to the health insurance sector in India. It provides vital statistics that help insurers assess risks, set premiums, and develop new products tailored to the needs of diverse populations. Through national health surveys and demographic data, it offers insights into health trends, disease prevalence, and healthcare access across different regions.

This information helps health insurers in the following aspects:
  • Risk Assessment and Pricing: By analysing the demographic and health data provided by MOSPI India, health insurers can understand the risk profiles of various communities. This would help in more accurate pricing of health insurance policies.
  • Product Development: Insights into public health trends help insurers design insurance products that meet the specific needs of different demographic groups.
  • Policy Planning and Claims Management: Statistical data from MOSPI aids insurers in forecasting future trends in healthcare needs and insurance claims. It facilitates more efficient resource allocation and claims management.
  • Regulatory Compliance and Reporting: Health insurers use statistical data to comply with regulatory requirements regarding transparency and accountability.

Also Read: Tips to Choose the Health Insurance Plan in India

Importance of MOSPI Data for International Comparisons

India, as a subscriber to the International Monetary Fund's SDDS, has an important role in global economic dialogue. The Ministry of Statistics & Programme Implementation is integral in fulfilling these standards so that the data provided by India is accurate, timely, and comparable internationally.

Importance of MOSPI Data for International Comparisons

  • MOSPI's adherence to international standards like the SDDS makes the data comparable to other nations. This comparability is crucial for global benchmarking, where India's economic and social indicators can be assessed against those of other countries to evaluate relative performance and progress.
  • Reliable and standardised data facilitates sound policy decisions not only domestically but also in international forums where economic and developmental strategies are discussed. This data helps in aligning India's policies with global best practices.
  • International investors rely heavily on statistical data that follows international standards to make informed investment decisions. MOSPI data provides the necessary assurance about the economic environment of India, thus helping to attract foreign investments.
  • Accurate and internationally comparable data is essential for designing and implementing international aid programs. MOSPI data helps in identifying areas where international aid can be directed to improve infrastructure, healthcare, education, and more within India.
  • By providing data that is rigorous and comparable internationally, MOSPI enhances India's standing and credibility in the global community.

How Does MOSPI Manage Data Quality and Statistical Accuracy?

The Ministry of Statistics & Programme Implementation employs several techniques to manage data quality and ensure statistical accuracy, which is crucial for the reliability of the information it provides:

  • Standardisation of Methods:
  • MOSPI adheres to standardised methodologies for data collection, processing, and analysis. This standardisation provides consistency and helps in the comparison of data over time and across different regions.

  • Training and Capacity Building:
  • Continuous training programs are conducted for statisticians and field staff so that they are well-versed in the latest statistical methods and technologies. It improves the accuracy of the data collected and processed.

  • Quality Assurance Frameworks:
  • MOSPI India has established quality assurance frameworks that involve multiple stages of verification and validation of data to prevent and correct errors during data entry and processing.

  • Collaboration with International Bodies:
  • MOSPI collaborates with international statistical organisations to align its methods with global best practices. This international cooperation also helps in undergoing regular reviews and feedback.

  • Public Transparency and Feedback:
  • Publishing data openly for public access and allowing feedback from users and stakeholders serves as a means of cross-verification and promotes transparency. This in turn improves data quality.

Technological Innovations in Data and Analysis at MOSPI

The Ministry of Statistics & Program Implementation incorporates several advanced technologies in data collection and analysis for the accuracy and efficiency of its statistical operations. Given below are some of the key technological innovations currently used by MOSPI:

  • Computer-Assisted Personal Interviewing (CAPI):
  • CAPI systems are used extensively in field surveys. This technology involves the use of handheld devices such as tablets or laptops to directly input data during interviews. This method not only speeds up the process but also reduces errors related to paper-based data entry and subsequent digitisation.

  • Computer-Assisted Telephone Interviewing (CATI):
  • For surveys where in-person interviews are not feasible, MOSPI employs CATI systems. This technology allows data collectors to conduct interviews over the telephone efficiently while directly entering responses into a computer system. It helps in maintaining high data quality and reducing the time for processing.

  • Geographic Information Systems (GIS):
  • GIS technology is used to enhance the quality of geographical data in statistics. This includes mapping survey data to specific locations, which is crucial for planning and analysis in various socio-economic and environmental studies.

  • Big Data Analytics:
  • MOSPI India utilises big data technologies to handle large volumes of data from various sources, including administrative data, web scraping, and sensors. Big data analytics help in revealing patterns, trends, and associations, especially relating to human behaviour and interactions.

  • Artificial Intelligence and Machine Learning:
  • Artificial Intelligence (AI) and machine learning algorithms are increasingly being integrated into data processing and analysis. These technologies are used for predictive analytics, detection of inconsistency, and automating the data-cleaning process.

MOSPI Role: Looking Back and Ahead

As we conclude our discussion on the Ministry of Statistics & Programme Implementation (MOSPI), it's evident that the ministry's comprehensive approach to statistical data collection, analysis, and the implementation of various national projects significantly influences India's development trajectory.

The integration of advanced technologies and adherence to international standards enhances the accuracy and reliability of the data that MOSPI provides.

Furthermore, MOSPI India's efforts extend beyond mere numbers, impacting real-world applications such as healthcare. Its accurate statistical data supports the government's health insurance initiatives and helps tailor and improve health services across the nation.

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FAQS – FREQUENTLY ASKED QUESTIONS

  • What is the role of MOSPI in disaster management statistics ?

    MOSPI India contributes to disaster management by gathering and analysing data related to disaster impacts, recovery, and flexibility. This information helps in assessing the effectiveness of disaster response strategies and planning for future emergencies.
  • What is MOSPI ?

    The Ministry of Statistics & Programme Implementation is a branch of the Government of India, tasked primarily with collecting and analysing statistical data across various sectors. It provides essential statistics for planning, policy-making, and monitoring the implementation of various government projects.
  • How does MOSPI support the digital economy through its data collection ?

    The Ministry of Statistics & Programme Implementation collects data on various sectors of the digital economy, including e-commerce, digital payments, and online services. This data helps to understand the growth and trends within the digital economy. Also, it aids policymakers in crafting regulations.
  • Who is the Minister of Statistics and Programme Implementation ?

    As per the current data, Rao Inderjit Singh is the Minister of State (Independent Charge) for the Ministry of Statistics and Programme Implementation. He oversees the functions and strategic direction of the ministry.
  • What initiatives has the Ministry of Statistics & Programme Implementation implemented to improve gender statistics in India ?

    MOSPI has undertaken specific initiatives to enhance the collection and analysis of gender-disaggregated data. This information is vital for understanding gender disparities in various sectors. These efforts support targeted policy-making and help in achieving gender equality and empowering women across different spheres of life.
  • What steps does MOSPI take to ensure the privacy and security of the data it collects ?

    The Ministry of Statistics Programme Implementation adheres to strict data privacy and security protocols to protect the information it gathers. This includes using secure data transmission methods, anonymising personal data where necessary, and implementing rigorous access controls to prevent unauthorised data breaches.
  • How does the Ministry of Statistics Program Implementation contribute to sustainable development goals (SDGs) ?

    MOSPI India helps in monitoring and reporting on India's progress towards the Sustainable Development Goals (SDGs). By providing reliable data on various indicators related to health, education, environment, and economic growth, MOSPI helps in assessing achievements and areas that require more focused efforts.
  • What collaboration does the Ministry of Statistics & Programme Implementation have with international statistical organisations ?

    MOSPI collaborates with several international bodies such as the United Nations Statistics Division (UNSD), the World Bank, and the International Monetary Fund (IMF) to improve statistical methods and share best practices.
  • How does MOSPI handle data from different sectors of the economy ?

    The Ministry of Statistics Program Implementation collects data from a broad range of sectors including agriculture, manufacturing, and services. This data is gathered through various surveys and administrative sources and helps the government in economic planning and assessment.
  • What are the key publications released by the Ministry of Statistics and Programme Implementation ?

    MOSPI releases several important publications, including the Annual Report on Periodic Labour Force Survey, National Accounts Statistics, and Consumer Price Index numbers.

 

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The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.

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Password Protection

You shall not be entitled to avail the facilities without the use of a user name and password. You are responsible for maintaining the confidentiality of your password and Account, and you shall not allow anyone else to use your password at any time. You are fully responsible for all activities that occur using your password or Account. You are requested to please notify www.adityabirlacapital.com immediately of any unauthorized use or access of your password or Account, or any other breach of security. The Website will not be liable for any loss that you may incur as a result of someone else using your password or account, either with or without your knowledge.

Intellectual Property Rights

This Website contains information, materials, including text, images, graphics, videos and sound (“Materials”), which is protected by copyright and/or other intellectual property rights. All copyright and other intellectual property rights in these Materials are either owned by ABCL or have been licensed to Facilities Provider, ABCL / ABC Companies by the owner(s) of those rights so that it can use these Materials as part of this Website. Other than those Materials which belong to Third Parties, ABC Companies retains copyright on all Information, including text, graphics and sound and all trademarks displayed on this Website which are either owned by or licensed to by ABCL and/or used under license by ABC Companies.

You shall not (a) copy (whether by printing off onto paper, storing on disk, downloading or in any other way), distribute (including distributing copies), download, display, perform, reproduce, distribute, modify, edit, alter, enhance, broadcast or tamper with in any way or otherwise use any Materials contained in the Website. These restrictions apply in relation to all or part of the Materials on the Website; (b) copy and distribute this information on any other server or modify or re-use text or graphics on this system or another system. No reproduction of any part of the Website may be sold or distributed for commercial gain nor shall it be modified or incorporated in any other work, publication or web site, whether in hard copy or electronic format, including postings to any other web site; (c) remove any copyright, trade mark or other intellectual property notices contained in the original material from any material copied or printed off from the web site; link to this Website; without our express written consent.

No Warranty

Although all efforts are made to ensure that information and content provided as part of this Website is correct at the time of inclusion on the Website, however there is no guarantee to the accuracy of the Information. This Website makes no representations or warranties as to the fairness, completeness or accuracy of Information. There is no commitment to update or correct any information that appears on the Internet or on this Website. Information is supplied upon the condition that the persons receiving the same will make their own determination as to its suitability for their purposes prior to use or in connection with the making of any decision. Any use of this Website or the information is at your own risk. Neither ABCL and ABC Companies, nor their officers, employees or agents shall be liable for any loss, damage or expense arising out of any access to, use of, or reliance upon, this Website or the information, or any website linked to this Website.

No Liability

This Website is provided to you on an "as is" and "where-is" basis, without any warranty. ABCL, for itself and any ABC Companies and third party providing information, Materials (defined later), facilities, or content to this Website, makes no representations or warranties, either express, implied, statutory or otherwise of merchantability, fitness for a particular purpose, or non-infringement of third party rights, with respect to the website, the information or any products or facilities to which the information refers. ABCL will not be liable to you or any third party for any damages of any kind, including but not limited to, direct, indirect, incidental, consequential or punitive damages, arising from or connected with the site, including but not limited to, your use of this site or your inability to use the site, even if ABCL has previously been advised of the possibility of such damages. Any access to information hosted on third party websites of billers/banks/merchants/ABC Companies etc. is not intended and shall not be treated as an offer to sell or the solicitation of an offer to buy any product/offering of these ABC Companies or third parties.

The Facilities Provider or ABCL or ABC Companies shall have absolutely no liability in connection with the information and Material posted on this Website including any liability for damage to your computer hardware, data, information, materials, or business resulting from the information and/or Material or the lack of information and/or Material available on the Website. In no event shall ABCL or ABC Companies shall be liable for any for any special, incidental, consequential, exemplary or punitive damages for any loss, arising out of or in connection with (a) the use, misuse or the inability to use this Website; (b) unauthorized access to or alteration of your transmissions or data; (c) statements or conduct of any third party on the site; or (d) any other matter whatever nature relating to this Website.

Further, the Facilities Provider cannot always foresee or anticipate technical or other difficulties. The facilities may contain errors, bugs, or other problems. These difficulties may result in loss of data, personalization settings or other facilities interruptions. The Website does not assume responsibility for the timeliness, deletion, mis-delivery, or failure to store any user data, communications, or personalization settings.

The Facilities Provider, ABCL, ABC Companies and the providers of information shall not be liable, at any time, for any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorized access to, alteration of, or use of information contained at this Website.

Manner of Use of Personal Information

All Personal Information including Sensitive Personal Information provided/related to you, shall be stored/used/processed/transmitted expressly for the Purpose or facilities indicated thereon at the time of collection and in accordance with the Privacy Policy. Other than those otherwise indicated and agreed by You, this Website do not collect or store or share your Personal Information. Aditya Birla Capital is the brand and accordingly all products and facilities are provided by respective ABC Companies as applicable. Therefore, for any of these Purposes, the Website will use ABC Companies their authorized third party vendors, agents, contractors, consultants or facilities providers (individually a ‘Third Party Service Provider’ and collectively, the “Third Party Service Providers”) and to that extent you understand and authorize the Facilities Provider to share/transmit such information to Third Party Service Providers. Such sharing of information will be solely for the purpose to fulfill / complete / authenticate your specific requests/transaction execution and for providing information about any ABC Companies product or facilities or services or for data analytics or to deliver to you any administrative notices, alerts or communications relevant to your Purpose (and which may include sending promotional emails or SMS or calls or any other mode permitted under law) or to analyze the usage and improve the facilities/solutions offered or for any research or troubleshooting problems, detecting and protecting against errors or to improve features, tailor the facilities on the Website to your interests, and to get in touch with you whenever necessary.

Except in the manner as stated in the Privacy Policy, the Website will not disclose your Personal Information with any affiliated or unaffiliated third parties,

You may receive e-mails /communications/notifications from the Third Party Services Providers regarding facilities updates, information/promotional e-mails/SMS and/or update on new product announcements/services in such mode as permitted under law.

Use of Website in India

This Website is controlled and operated from India and there is no representation that the Materials/information are appropriate or will be available for use in other locations. If you use this Website from outside the India, you are entirely responsible for compliance with all applicable local laws. There is no warranty or representation that a user in one region may obtain the facilities of this website in another region.

Information published on the Website may contain references or cross references to products, programs and facilities offered by ABC Companies/third parties that are not announced or available in your country. Such references do not imply that it is intended to announce such products, programs or facilities in your country. You may consult your local advisors for information regarding the products, programs and services that may be available to you.

In your use of the Website, you may enter correspondence with, purchase goods and/or facilities from, or participate in promotions of advertisers or members or sponsors of the web site, including those of ABC Companies. Unless otherwise stated, any such correspondence, advertisement, purchase or promotion, including the delivery of and the payment for goods and/or facilities, and any other term, condition, warranty or representation associated with such correspondence, purchase or promotion, is solely between you and the applicable ABC Companies and/or third parties.

You agree that Facilities Provider / ABC Companies has no liability, obligation or responsibility for any such correspondence, purchase or promotion between you and any other ABC Companies and/or third parties.

Third party websites

This Website may be linked to other websites (including those of ABC Companies) on the World Wide Web that are not under the control of or maintained by ABCL. Such links do not indicate any responsibility or endorsement on our part for the external website concerned, its contents or the links displayed on it. These links are provided only as a convenience, in order to help you find relevant websites, facilities and/or products that may be of interest to you, quickly and easily. It is your responsibility to decide whether any facilities and/or products available through any of these websites are suitable for your purposes. The Facilities Provider or ABCL is not responsible for the owners or operators of these websites or for any goods or facilities they supply or for the content of their websites and does not give or enter into any conditions, warranties or other terms or representations in relation to any of these or accept any liability in relation to any of these (including any liability arising out of any claim that the content of any external web site to which this web site includes a link infringes the intellectual property rights of any third party).

USE of APP

In case any facilities/services, access/dissemination of information or execution of transaction is done through use of any APP related to ABC Companies, the additional terms and conditions governing the Use of APP shall be applicable and to be read along these Terms of Use.

Postings and monitoring

The Facilities Provider or ABCL or ABC Companies does not routinely monitor your postings to the Website but reserves the right to do so if deemed necessary if it is related to the facilities offered on the web site and to comply with law. However, in our efforts to promote good citizenship within the internet community, if the Facilities Provider or ABCL or ABC Companies becomes aware of inappropriate use of the Website or any of its facilities, any information, opinions, advice or offers posted by any person or entity logged in to the Website or any of its associated sites is to be construed as public conversation only, and the Facilities Provider or ABC Companies shall not be liable or responsible for such public conversation. You agree that in such cases, we will respond in any way that, in our sole discretion, as deemed appropriate. You acknowledge that Facilities Provider or ABC Companies will have the right to report to law enforcement authorities any actions that may be considered illegal, as well as any information it receives of such illegal conduct. When requested, ABC Companies/Facilities Provider will co-operate fully with law enforcement agencies in any investigation of alleged illegal activity on the internet.

Submissions and unauthorized use of any Materials contained on this Website may violate copyright laws, trademark laws, the laws of privacy and publicity, certain communications statutes and regulations and other applicable laws and regulations. You alone are responsible for your actions or the actions of any person using your user name and/or password. As such, you shall indemnify and hold Facilities Provider, ABCL / ABC Companies and its officers, directors, employees, affiliates, agents, licensors, and business partners harmless from and against any and all loss, costs, damages, liabilities, and expenses (including attorneys' fees) incurred in relation to, arising from, or for the purpose of avoiding, any claim or demand from a third party that your use of the Website or the use of the Website by any person using your user name and/or password (including without limitation your participation in the posting areas or your submissions) violates any applicable law or regulation, or the rights of any third party.

We reserve the right to terminate access to this Website at any time and without notice. Further this limited license terminates automatically, without notice to you, if you breach any of these Terms of Use. Upon termination, you must immediately destroy any downloaded and printed Materials.

If you come across any breaches/violation or offensive material you must report to us at abc.secretarial@adityabirla.com

Use of Cookies

You agree and understand that the Website will automatically receive and collect certain anonymous information in standard usage logs through the Web server, including computer/computer resource-identification information obtained from "cookies" sent to your browser from a web server or other means as explained in the Privacy Policy.  

Facilities Changes and Discontinuation

The Website reserves the right to discontinue or suspend, temporarily or permanently, the facilities. You agree that the Facilities Provider/ ABC Companies will not be liable to you in any manner whatsoever for any modification or discontinuance of the facilities. The format and content of this Website may change at any time. We may suspend the operation of this Website for support or maintenance work, in order to update the content or for any other reason.

ABCL, ABC Companies, and its directors, employees, associates, or other representatives shall not be liable for any damages or injury, arising out of or in connection with the use, or non-use including non-availability of the Website and also for any consequential loss or any damages caused because of non-performance of the system due to a computer virus, system failure, corruption of data, delay in operation or transmission, communication line failure, or any other reason whatsoever. The Website will not be responsible for any liability arising out of delay in providing any information on the Website.

Compliance with the Law

You agree that you will not:

  • Use any robot, spider, scraper, deep link or other similar automated data gathering or extraction tools, programme, algorithm or methodology to access, acquire, copy or monitor the Website, or any portion of the Website.
  • Use or attempt to use any engine, software, tool, agent, or other device or mechanism (including without limitation, browsers, spiders, robots, avatars or intelligent agents) to navigate or search the Website, other than the search engines generally available by third party web browsers
  • Post or transmit any file which contains viruses, worms, Trojan horses or any other contaminating or destructive features, or that otherwise interferes with the proper working of the Website or the facilities.
  • Attempt to decipher, decompile, disassemble, or reverse engineer any of the software, comprising or in any way making up a part of the Website or the facilities.
  • You agree not to use the facilities for illegal purposes or for the transmission of material that is unlawful, harassing, libelous (untrue and damaging to others), invasive of another's privacy, abusive, threatening, or obscene, or that infringes the rights of others.

Restrictions on Commercial Use or Resale

Your right to use the facilities is personal to you; therefore, you agree not to resell or make any commercial use of the facilities. In addition, the Website welcomes your feedback as a user of the facilities. Any feedback you provide will become the confidential and proprietary information of the Website, and you agree that the Website may use in any manner and without limitation, all comments, suggestions, complaints, and other feedback you provide relating to the Website. The Website shall have a worldwide, royalty-free, non-exclusive, perpetual, and irrevocable right to use feedback for any purpose, including but not limited to incorporation of such feedback into the Website or other Website software or facilities.

No Endorsements

All product and facilities marks contained on or associated with the facilities that are not the Website marks are the trademarks of their respective owners. The Website would require you to respect the same. References to any such names, marks, products or facilities of third parties or hypertext links to third party sites or information does not imply the Website’s endorsement, sponsorship or recommendation of the third party, information, product or facilities.

Promotional Offers

You may receive from time to time, announcement about offers with intent to promote this Website and/or facilities/products of ABC Companies (“Promotional Offers”). The Promotional Offer(s) would always be governed by these Terms of Use plus certain additional terms and conditions, if any prescribed. The said additional terms and conditions, if prescribed, would be specific to the corresponding Promotional Offer only and shall prevail over these Terms of Use, to the extent they may be in conflict with these Terms of Use. The Website reserves the right to withdraw, discontinue, modify, extend and suspend the Promotional Offer(s) and the terms governing it, at its sole discretion.

Charges for use of Website

There are no charges or fees to be paid by you for use of this Website. However, you are responsible for all telephone access fees and/or internet service fees that may be assessed by your telephone and/or internet service provider. You further agree to pay additional charges, if any levied by Third Party Service Provider(s), for the facilities provided by them through the Website (Additional Charges).

No Endorsement

You are advised to be cautious when browsing on the internet and to use good judgment and discretion when obtaining information or transmitting information. From this Website, users may visit or be directed to third party web sites. The Website makes no effort to review the content of these web sites, nor is the Website or its licensors responsible for the validity, legality, copyright compliance, or decency of the content contained in these sites.

In addition, the Website does not endorse or control the content of any other user and is not responsible or liable for any content, even though it could be unlawful, harassing, libelous, privacy invading, abusive, threatening, harmful, vulgar, obscene or otherwise objectionable, or that it infringes or may infringe upon the intellectual property or other rights of another. You acknowledge that the Website does not pre-screen content, but that the Website will have the right (but not the obligation) in their sole discretion to refuse, edit, move or remove any content that is available via the facilities.

Electronic Communications

These Terms of Use and any notices or other communications regarding the Facilities may be provided to you electronically, and you agree to receive communications from the Website in electronic form. Electronic communications may be posted on the Website and/or delivered to your registered email address, mobile phones etc either by Facilities Provider or ABC Companies with whom the services are availed. All communications in electronic format will be considered to be in "writing". Your consent to receive communications electronically is valid until you revoke your consent by notifying of your decision to do so. If you revoke your consent to receive communications electronically, the Facilities Provider shall have the right to terminate the facilities.

Assignment

You shall not assign your rights and obligations under this Agreement to any other party. The Website may assign or delegate its rights and/or obligations under this Agreement to any other party in future, directly or indirectly, or to an affiliated or group company.

Legal Disclaimers

The information provided on or through the Website is for general guidance and information purposes only and they do not in any manner indicate any assurance or opinion of any manner whatsoever. Any information may be prone to shortcomings, defects or inaccuracies due to technical reasons. Certain information on Website may be on the basis of our own appraisal of the applicable facts, law and regulations in force at the date hereof.

The information (and opinions, if any) contained on the Website may have been obtained from public sources believed to be reliable and numerous factors may affect the information provided, which may or may not have been taken into account. The information provided may therefore vary (significantly) from information obtained from other sources or other market participants. Any reference to past performance in the information should not be taken as an indication of future performance. The information is dependent on various assumptions, individual preferences and other factors and thus, results or analyses cannot be construed to be entirely accurate and may not be suitable for all categories of users. Hence, they should not be solely relied on when making investment decisions. Your investment or financial decision shall always be at your own discretion and based on your independent research; and nothing contained on the Website or in any information would construe ABCL/ABC Companies or any of its employees/authorized representative as having been in any way involved in your decision making process. Any information and commentaries provided on the Website are not meant to be an endorsement or offering of any stock or investment advice.

Nothing contained herein is to be construed as a recommendation to use any product, process, equipment or formulation, in conflict with any patent, or otherwise and Facilities Provider / ABCL/ABC Companies makes no representation or warranty, express or implied that, the use thereof will not infringe any patent, or otherwise. Information on this Website sourced from experts or third party service providers, which may also include reference to any ABCL Affiliate. However, any such information shall not be construed to represent that they belong or represent or are endorsed by the views of the Facilities Provider or ABC Companies. Any information provided or sourced from ABCL Affiliate belongs to them. ABCL is an independent entity and such information from any ABCL Affiliate are not in any manner intended or to be construed as being endorsed by ABCL or Facilities Provider. The information does not constitute investment or financial advice or advice to buy or sell, or to endorse or solicitation to buy or sell any securities or other financial instrument for any reason whatsoever. Nothing on the Website or information is intended to constitute legal, tax or investment advice, or an opinion regarding the appropriateness of any investment or a solicitation of any type. Investment in the securities market and any financial instruments are inherently risky and you shall always assume complete and full responsibility for the outcomes of all the financial or investment decisions that you make, including but not limited to loss of capital. You are therefore advised to obtain your own applicable legal, accounting, tax or other professional advice or facilities before taking or considering an investment or financial decision.

No Solicitation

No Information at this Website shall constitute an invitation to invest in ABCL or any ABC Companies. These are meant for general information only or to meet statutory requirements or disclosures. ABCL or any of its employees are in no way liable for the use of the information by you, when making any decision or investing or trading through any investment vehicles or ABC Companies, or any other third party which may be engaged in offering of these services.

The information contained on this Website does not represent and should not be used to construe (i) the terms on which a new transaction would be entered into by ABCL or ABC Companies, (ii) the terms on which any existing transactions could be unwound by ABCL or ABC Companies, (iii) the calculation or estimate of an  amount that would be payable following an early termination of any past/existing transactions or (iv) the valuations given to any transactions by ABCL or ABC Companies in their books of account for financial reporting, credit or risk management purposes.

Statutory Disclosure

ABCL and ABC Companies are engaged in a broad spectrum of activities in the financial services sectors. You understand and acknowledge that Aditya Birla Money Limited (‘ABML’), Aditya Birla Finance Limited (‘ABFL’) and Aditya Birla Sun Life Asset Management Company Limited and trustees and sponsor of Aditya Birla Sun Life Mutual Fund (‘ABSLMF’) are group companies and ABML / ABFL also acts as a distributor of ABSLMF.  Any recommendation or reference of schemes of ABSLMF if any made or referred on the Website, the same is based on the standard evaluation and selection process, which would apply uniformly for all mutual fund schemes. You are free to choose the execution facilities in the manner deemed fit and proper and no commission will be paid by ABSLMF to ABML / ABFL if you choose to execute a transaction with ABSLMF on the Website, unless otherwise agreed by you and ABML/ABFL separately. Information about ABML/ABFL, its businesses and the details of commission structure receivable from asset management companies to ABML/ABFL, are also available on their respective Website.

Similarly Aditya Birla Money Insurance Advisory Services Limited and Aditya Birla Insurance Brokers Limited are insurance intermediaries and engaged in the distribution of Insurance Products and it may services may include products of Aditya Birla Sun Life Insurance Company Limited and Aditya Birla Health Insurance Company Limited. However there is no conflict on these services and commissions if any payable are in accordance of the extant regulations.

Force Majeure

The Facilities Provider, ABC Companies and any of its Third Party Service Providers shall not be liable for any delay or failure in performance resulting directly or indirectly from acts of nature, forces, or causes beyond their reasonable control, including, without limitation, Internet failures, computer equipment failures, telecommunication equipment failures, other equipment failures, electrical power failures, strikes, virus, other malicious computer code, hacking, labour disputes, riots, insurrections, civil disturbances, shortages of labour or materials, fires, flood, storms, explosions, acts of God, war, earthquake, governmental actions, orders of domestic or foreign courts or tribunals, non-performance of third parties, or loss of or fluctuations in heat, light, or air conditioning.

Indemnification

You agree to protect and fully compensate Facilities Provider, ABCL, ABC Companies, subsidiaries, licensors, suppliers and facilities providers, employees, officers and directors, from any and all third party claims, liability, damages, expenses and costs (including but not limited to reasonable attorneys fees) caused by or arising from your use of the facilities, your violation of the Terms of Use or your infringement, or infringement by any other user of your account, of any intellectual property or other right of anyone.

No Waiver

The Facilities Provider, ABC Companies or any of its third party service providers and processor bank/merchants etc. shall not be deemed to have waived any of its/their rights or remedies hereunder, unless such waiver is in writing. No delay or omission on the part of Facilities Providers and ABC Companies, in exercising any rights or remedies shall operate as a waiver of such rights or remedies or any other rights or remedies. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions.

Exclusive Agreement

You agree that these Terms of Use are the complete and exclusive statement of agreement supersede any proposal or prior agreement, oral or written, and any other communications between you and the Facilities Provider and its Third Party Service Providers or processor bank/merchants relating to the subject matter of these Terms of Use. These Terms of Use, as the same may be amended from time to time, will prevail over any subsequent oral communications between you and the Website and/or the processor bank.

Termination

Either party can terminate this Agreement by notifying the other party in writing. Upon such termination You will not be able to use the facilities of this Website.

Governing Law and Jurisdiction

The Website specifically prohibits you from usage of any of its facilities in any countries or jurisdictions that do not corroborate to all stipulations of these Terms of Use. The Website is specifically for users in the territory of India. In case of any dispute, either judicial or quasi-judicial, the same will be subject to the laws of India, with the courts in Mumbai having exclusive jurisdiction.

These Terms and Conditions are governed by and to be interpreted in accordance with laws of India, without regard to the choice or conflicts of law provisions of any jurisdiction. You agree, in the event of any dispute arising in relation to these Terms and Conditions or any dispute arising in relation to the Website whether in contract or tort or otherwise, to submit to the jurisdiction of the courts located at Mumbai, India for the resolution of all such disputes.

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