Encouraging the younger generation to participate is the primary duty of any society. Dr. U.S. Nair memorial award for
Young Statisticians is an activity in this direction. This award is made out of a generous annual grant from the family
trust of Dr. U.S. Nair, an eminent statistician of yester years, hailing from Kerala. Papers invited for the award are
received by the Secretary, who checks the eligibility condition and forwards them to the convener. The award is of Rs. 1500/-and
a citation given to the paper adjudged best by a panel of judges appointed by the local organizing committee. A second
award / prize has been instituted by Prof. M.N. Gopalan, Founder Secretary of ISPS.
The Journal of ISPS started in 1994 with Prof. B.R. Bhat as its Chief Editor and Prof. N.R. Mohan as the Executive Editor.
Now, Volume 9 of the Journal has come out in 2006. Currently Prof. K. Srinivasa Rao is the Chief Editor.
One of the intentions of the founders of ISPS, was that it should be a professional body liaising with administrators in
government and other organizations in statistical matters as a mouth piece of Statistical community.