Copenhagen Framework on Citizen Data

Copenhagen Framework on Citizen Data

The Ministry of Statistics and Programme Implementation is evaluating the relevance of the Copenhagen Framework on Citizen Data and exploring its integration with India's statistical system.

About the Framework

• Need: Citizen data, including citizen-generated data, community-driven data, and citizen science data, often fall outside official statistics but are an important part of the national data ecosystem.
• Origin: Developed by the UN Statistics Division (UNSD) in 2023.
• Key Provisions:
  • Defines various types of citizen data and offers a common understanding of related concepts and definitions as a foundational basis for citizen data.
  • Provides a framework that outlines how citizens can contribute to data generation and conceptualizes their roles in the data ecosystem.

NDS-OM
The Reserve Bank of India (RBI) has announced that transactions between a Primary Member (PM) and its Gilt Account Holder (GAH) can now be matched on the NDS-OM platform.

About NDS-OM

• Type: An electronic, screen-based, anonymous order matching system used for secondary market trading of government securities.
• Owned by: The RBI.
• Members: Includes banks, primary dealers, insurance companies, mutual funds, etc.
• Tradable Instruments: Central government securities, state government securities, and treasury bills are tradable on the NDS-OM platform.

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