New Delhi [India], August 3 (ANI): The central government on Monday introduced the Indian Statistical Institute Bill, 2026, in the Lok Sabha, laying out a modern statutory framework for the Indian Statistical Institute (ISI) with a focused push toward data science, emerging technologies, and strategic industry collaboration. Union Minister Rao Indrajit Singh introduced the legislation, which seeks to repeal and replace the Indian Statistical Institute Act, 1959 while preserving the institute's designation as an Institution of National Importance. The Indian Statistical Institute Bill, 2026 seeks to provide for a comprehensive statutory framework to the Indian Statistical Institute, to excel as a globally recognised centre in Statistical Sciences and allied fieldsAlso Read | How a Single Underscore Wrongfully Sent a Canadian Man to Jail in S*x Crimes Case. "It is, therefore, considered necessary to repeal the said Act and to enact a comprehensive legislation providing for the incorporation of the Indian Statistical Institute, an institution of national importance, to excel as a globally recognised centre in Statistical Sciences and allied fields," the Bill added. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News.