Section 5 of The Indian Statistical Institute Act, 1959
For the purpose of enabling the Institute to discharge efficiently its functions, including research, education, training, project activities and statistical work relating to planning for national development, the Central Government may, after due appropriation made by Parliament by law in this behalf, pay to the Institute in each financial year such sums of money as that Government considers necessary by way of grant, loan or otherwise.
Summary
- The Central Government provides money to the Institute to help it do its work efficiently.
- The funded activities include research, education, training, project work, and statistics for national planning.
- The money can be paid as a grant, a loan, or in another form of payment.
- Before paying, the Indian Parliament must first approve the money through an appropriation law, which is a law setting aside public funds.
- The Central Government decides how much money is necessary to pay in each financial year.
Practical examples
FAQ
1. Why does the Central Government pay money to the Institute?
To enable the Institute to do its work efficiently, such as research, teaching, training, and planning projects.
2. What forms can the government payments take?
The payments can be grants, loans, or other methods of funding.
3. Does the Central Government need permission from Parliament to give this money?
Yes, payments can only be made after due appropriation, meaning Parliament must first pass a law to set aside that money.
4. How often does the government pay these sums?
The government pays these sums in each financial year as they consider necessary.
Test yourself
Q1.What must happen before the Central Government can pay money to the Institute?
Q2.Which of the following is NOT a purpose for which funds are provided under Section 5?
Q3.How often can the Central Government pay these funds to the Institute?
Q4.In what form can the Central Government pay money to the Institute?
Q5.Who decides the exact sum of money to be paid to the Institute?