The Indian Statistical Institute (ISI) was established on 17th December, 1931 by a great visionary Prof. Prasanta Chandra Mahalanobis to promote research in the theory and applications of statistics as a new scienti c discipline in India. In 1959, Pandit Jawaharlal Nehru, the then Prime Minister of India introduced the ISI Act in the parliament and designated it as an Institution of National Importance because of its remarkable achievements in statistical work as well as its contribution to economic planning. Today, the Indian Statistical Institute occupies a prestigious position in the a-...