To study and propagate the theory of probability and related matters
- To foster research in probability theory and related topics to encourage their applications through publications of journal monographs etc.
- To organize annual conferences in different parts of the country.
- To establish ISPS as a professional body liasioning with administrators in government and other organizations in statistical matters and to act as a mouth-piece of statistical research community.
- To make ISPS as the most competent Professional body to cater the requirements of Statistics Professionals.