Sikkim’s budget has surged by 109% to reach Rs 14,490.67 crore as the state celebrates 50 years of its formation. Chief Minister Prem Singh Tamang presented the sixth consecutive annual budget, highlighting a remarkable increase since the 2018-19 fiscal year. The substantial rise in the budget reflects the state’s growing economic strength and its commitment to enhancing key sectors.
In his budget speech, Tamang outlined the major allocations for the upcoming fiscal year. The largest share of the budget will go to education, health, and infrastructure, which are key priorities for the state government. This focus aims to address the pressing needs of the population and ensure sustainable development across Sikkim.
The significant budget increase underscores the state’s ambitious plans for growth and development. Education will receive a substantial boost, with funds allocated to improve schools, teacher training, and student resources. The government aims to enhance educational outcomes and equip students with the skills needed for the future.
Healthcare also figures prominently in the budget, with increased funding directed towards upgrading medical facilities, expanding healthcare services, and improving public health programs. The state government recognizes the importance of a robust healthcare system and is committed to ensuring that residents have access to quality medical care.
Infrastructure development is another key area of focus. The budget includes allocations for road construction, transportation improvements, and urban development projects. These investments are expected to enhance connectivity, support economic activities, and improve the overall quality of life in the state.
Chief Minister Tamang emphasized that this budget marks a historic moment for Sikkim, celebrating the state’s 50 years of progress. He highlighted the government’s dedication to fostering development and improving the well-being of the people. The budget reflects a forward-looking approach, aiming to build on past successes and address future challenges.
The 109% increase in the budget since 2018-19 is a testament to the state’s economic growth and fiscal management. The significant rise in funding demonstrates the government’s commitment to driving progress and investing in key areas that will benefit the state in the long term.
As Sikkim marks its golden jubilee, the budget allocation reflects a broader vision for the state’s future. The focus on education, health, and infrastructure aligns with the government’s goals of creating a more prosperous and equitable society. The increased funding in these critical areas is expected to yield positive outcomes for residents and contribute to the state’s overall development.
The budget presentation marks a milestone in Sikkim’s journey and sets the stage for continued growth and progress. With substantial investments in key sectors, the state aims to build on its achievements and pave the way for a brighter future. The 2024-25 budget is a reflection of Sikkim’s aspirations and its commitment to enhancing the quality of life for its people.
