Sirius Overview
Comprehensive Data Collection and Macro Fiscal Projection
The solution Sirius has two parts; one is the data collection part that handles collection of data from primary, secondary and tertiary sectors and the second part is the macro fiscal projections based on the collected data. It is a web-based system that covers the core functional areas of the Department of Economics and Statistics.
The solution facilitates Macro Fiscal Projections along with Metrics and Business Intelligence aligned to the Sustainable Development Goals (SDG). Macroeconomic projections aim to predict and understand the future state of the economy on a broad scale. It includes information related to economic growth, inflation, wages, unemployment and trade.
Solution Highlights
Solution streamlines data collection, improves data quality, captures SDG-linked KPIs, aids financial planning, and budget allocation.
Data Collection at the Field is facilitated through a custom-made mobile application.
Auto alerts on major variation of values at regional level, ensuring the Quality of Data gets improved significantly.
Through surveys, the system captures Key Performance Indicators (KPIs) of Schemes linked to various Goals & Targets of SDG.
The data based on the KPIs is made available to the respective Scheme Administrators/ Implementing Agency/ Directorates/ Departments.
Effective Data Analytics/ Projections ensures effective Financial/ Scheme Planning.
Helps the Finance Department decide on effective Budget Allocation while preparing the Annual Budget for the next Financial Year.
Key Components of Sirius
