1、For updated information,please visit www.ibef.org December 2018 SIKKIM THE LAND OF PEACE AND TRANQUILITY DO-DRUL CHORTEN STUPA IN GANGTOK,SIKKIM Table of Content Executive Summary.3 Introduction.4 Economic Snapshot.9 Physical Infrastructure.15 Social Infrastructure.22 Industrial Infrastructure.26 Ke
2、y Sectors.28 Key Procedures&Policies.37 Annexure.42 For updated information,please visit www.ibef.org SIKKIM 3 EXECUTIVE SUMMARY Source:Ministry of Agriculture,Government of India Of the 6,000 medicinal plants in India,over 424 plants(including the famous Artemisia vulgaris that is used as an antise
3、ptic)are grown in Sikkim.Sikkim is home to around 5,000 species of flowering plants,515 rare orchids,60 primula species&36 rhododendron species.This makes it one of the leading states in the Northeast region in terms of production&supply of cut flowers to mainland consumer markets.Strong floricultur
4、e sector Strong potential of medicinal plants industry Sikkim has mighty snow-capped peaks including the Kanchenjunga,the worlds 3rd highest peak,which attracts a large number of tourists from across the globe.Presence of worlds third highest peak The state is considered as a huge cardamom epicentre
5、 of the world,producing around 80 per cent of large cardamom in the country.Additionally,India is the world leader of the crop,producing over 50 per cent of the global yield.Second-largest producer of cardamom The states economy is largely agrarian,based on the terraced farming of rice&the cultivati
6、on of crops such as maize,millet,wheat,barley,oranges,tea&cardamom.Sikkim produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom Agrarian economy SIKKIM INTRODUCTION For updated information,please visit www.ibef.org SIKKIM 5 ADVANTAGE:SIKKIM Conduci
7、ve agro-climatic conditions Sikkim has favourable agro-climatic conditions,which support agriculture,horticulture&forestry;there is potential for development in related areas As per the state budget 2016-17,Sikkim got certified as the first fully organic state in India by the Central Ministry of Agr
8、iculture and Farmers Welfare as well as other recognized agencies of the country.Policy and institutional support The state follows the North East Industrial Development Scheme,2017,which provides several incentives and concessions for investment.Institutional support is provided through various cen
9、tral&state government agencies viz.,North East Council,Ministry of Development of North Eastern Region&Commerce and Industries Department.Rich labour pool Sikkim has a high literacy rate of around 81.42 per cent.The state has a skilled and educated labour force.With the establishment of Sikkim Manip
10、al University and the Sikkim University,the quality and quantity of employable graduates in the state has steadily improved.Skilled labour contributes in the modernization of the state through the development of services sector.Advantage Sikkim High economic growth and stable political environment S
11、ikkims GSDP grew at a Compound Annual Growth Rate(CAGR)of 12.18 per cent between 2011-12 and 2017-18.Large production of cardamom and flowers has opened up immense possibilities for the state economy.Rail and air connectivity as well as optical-fibre networks are being developed in the state.Source:
12、Central Electricity Authority,GSDP:Gross State Domestic Product;For updated information,please visit www.ibef.org SIKKIM 6 NORTH EAST REGION VISION 2020 Source:NER Vision 2020,HYV:High Yielding Variety,1GSDP is at fixed costs at 2006-07 prices Vision 2020 Agriculture Quality of life of people Growth
13、 rate in GSDP1 Tourism Governance Promoting investments Infrastructure Encouraging HYV crops through better use of organic manure,fertilisers and pesticides.Preventing soil erosion by controlling floods.Promoting cultivation of horticulture crops.State government has set a target to grow GSDP by 9.5
14、 per cent and per capita GSDP by 8.3 per cent over the period 2007-20.Improving standard of living of people in the region to meet the national standard by 2020 Improving the quality and creating state-of-art hospitals and educational institutions Focusing and developing services that would promote
15、tourism and create employment opportunities in the states.Better governance and ensuring peace and harmony through maximising self governance and increased people participation.Encouraging public investment in infrastructure to attract private investment.Creating a centre for trade and commerce thro
16、ugh improving relations with neighbouring countries.Facilitating easy movement of goods and people by investing in road,rail,inland water and air transportation.Industry Development of agro-processing and sericulture industries.Increase in investment in manufacturing units depending upon the availab
17、ility of resources in the region.For updated information,please visit www.ibef.org SIKKIM 7 SIKKIM FACT FILE Source:Sikkim State Portal,Census 2011 Sikkim is surrounded by vast stretches of Tibetan Plateaus in the north,the Chumbi Valley of Tibet&the Kingdom of Bhutan in the east,the Kingdom of Nepa
18、l in the west&Darjeeling district of West Bengal in the south Sikkim has 4 districts East Sikkim,West Sikkim,North Sikkim&South Sikkim.The district capitals are Gangtok,Gyalshing,Mangan&Namchi respectively Parameters Sikkim Capital Gangtok Geographical area(lakh sq.km)7,096 Administrative districts(
19、No)4 Population density(persons per sq.km)86 Total population(million)0.61 Male population(million)0.32 Female population(million)0.29 Sex ratio(females per 1,000 males)890 Literacy rate(%)81.42 Nepali,Bhutia,Lepcha,Limboo,Magar,Rai,Gurung,Sherpa,Tamang,Newari&Sunuwar(Mukhia)are the commonly spoken
20、languages.Hindi&English are also widely spoken.Sikkim has 10 mountain peaks,84 glaciers,315 glacial lakes(including the Tsomgo,Gurudongmar&Khecheopalri),5 hot springs&8 mountain passes making it an ideal tourist location.The Teesta&the Rangeet are the 2 major rivers with nearly hundred tributaries.F
21、or updated information,please visit www.ibef.org SIKKIM 8 SIKKIM IN FIGURES Parameter Sikkim India GSDP as a percentage of all states GSDP 0.13 100.0 GSDP growth rate(%)11.13 9.96 Per capita GSDP(US$)5,286.32 1,977.60 Sikkims Contribution to Indian Economy(2017-18)Parameter Sikkim India Installed po
22、wer capacity(MW)962.15 346,619.37 Wireless subscribers*(No)58,475,483 1,169,291,183 Internet subscribers*(Mn)22.62 560.01 National highway length(km)463 122,432 Physical Infrastructure in Sikkim Parameter Sikkim India Literacy rate(%)81.42 73.0 Birth rate(per 1,000 population)16.6 20.4 Social Indica
23、tors Parameter Sikkim India Operational and Maintenance stage 1 720 Industrial Infrastructure Parameter Sikkim India Cumulative FDI equity inflows since April 2000(US$billion)4.78*389.72 Investments(as of June 2018)Note:GSDP,per capita GSDP figures are taken at current prices PPP-Public-Private Part
24、nership,*-Including West Bengal,*-Including West Bengal and Andaman and Nicobar SIKKIM ECONOMIC SNAPSHOT For updated information,please visit www.ibef.org SIKKIM 10 3,792.32 3,648.97 3,654.26 3,980.25 4,304.62 4,612.24 5,286.32 181,841.97 198,686.32 221,082.97 243,392.12 281,780.35 309,435.29 340,70
25、3.11 030,00060,00090,000120,000150,000180,000210,000240,000270,000300,000330,000360,00001,0002,0003,0004,0005,0006,0002011-122012-132013-142014-152015-162016-172017-18US$Rs2.33 2.27 2.29 2.52 2.75 2.98 3.45 0.11 0.12 0.14 0.15 0.18 0.20 0.22 0.000.050.100.150.200.250.000.501.001.502.002.503.003.504.
26、002011-122012-132013-142014-152015-162016-172017-18US$billionRs trillionECONOMIC SNAPSHOT GSDP GSDP of Sikkim at current prices(in US$billion)At current prices,Sikkims Gross State Domestic Product(GSDP)was Rs 0.22 trillion(US$3.45 billion)in 2017-18.GSDP expanded at a CAGR of 12.18 per cent between
27、2011-12 and 2017-18.Source:Ministry of Statistics and Programme Implementation CAGR(in Rs)12.18%GSDP per capita of Sikkim at current prices(US$)CAGR(in Rs)11.03%The states per capita GSDP was Rs 340,703.11(US$5,286.32)in 2017-18 as compared to Rs 181,841.97(US$3,792.32)during 2011-12.Per capita GSDP
28、 increased at a CAGR of 11.03 per cent between 2011-12 and 2017-18.Note:GSDP,per capita GSDP figures are taken at current prices,Exchange Rate as per slide 44,Updated figures for 2018-19 may be available through MOSPI by March 2018 For updated information,please visit www.ibef.org SIKKIM 11 2.03 1.9
29、9 2.02 2.22 2.41 2.61 3.02 0.10 0.11 0.12 0.14 0.16 0.18 0.19 0.000.050.100.150.200.250.000.501.001.502.002.503.003.502011-122012-132013-142014-152015-162016-172017-18US$billionRs trillion3,309.02 3,198.95 3,216.93 3,502.00 3,757.83 4,032.97 4,620.09 158,667.38 174,182.75 194,624.07 214,147.51 245,9
30、87.42 270,572.21 297,764.72 050,000100,000150,000200,000250,000300,000350,00005001,0001,5002,0002,5003,0003,5004,0004,5005,0002011-122012-132013-142014-152015-162016-172017-18US$RsECONOMIC SNAPSHOT NSDP NSDP of Sikkim at current prices(in US$billion)CAGR(in Rs)12.21%At current prices,Sikkims Net Sta
31、te Domestic Product(NSDP)was Rs 0.19 trillion(US$3.02 billion)during 2017-18.NSDP of the state expanded at a CAGR of 12.21 per cent between 2011-12 and 2017-18.Sikkims per capita NSDP was Rs 297,764.72(US$4,620.09)in 2017-18 as compared to Rs 158,667.38(US$3,309.02)during 2011-12.Per capita NSDP of
32、Sikkim increased at CAGR of 11.06 per cent between 2011-12 and 2017-18.NSDP per capita of Sikkim at current prices(US$)CAGR(in Rs)11.06%Source:Ministry of Statistics and Programme Implementation Note:GSDP,per capita GSDP figures are taken at current prices,Exchange Rate as per slide 44,Updated figur
33、es for 2018-19 may be available through MOSPI by March 2018 For updated information,please visit www.ibef.org SIKKIM 12 ECONOMIC SNAPSHOT PERCENTAGE DISTRIBUTION OF GSVA The overall performance of the economy of the state during 2017-18 was encouraging.In 2017-18,the secondary sector contributed 59.
34、38 per cent to the states GSVA at current prices.It was followed by the tertiary sector at 30.19 per cent and primary sector at 10.43 per cent.At a CAGR of 16.04 per cent,the primary sector witnessed the fastest growth among the three sectors between 2011-12 and 2017-18.The growth has been driven by
35、 livestock,mining and quarrying,fishing and aquaculture and crops subsectors.The secondary sector grew at a CAGR of 10.76 per cent between 2011-12 and 2017-18.The tertiary sector grew at a CAGR of 12.67 per cent between 2011 and 2017-18.Percentage distribution of GSVA 8.35%10.43%62.83%59.38%28.82%30
36、.19%0%10%20%30%40%50%60%70%80%90%100%2011-122017-18PrimarySecondaryTertiary16.04%12.67%10.76%CAGR Source:Ministry of Statistics and Programme Implementation Note:GSDP,per capita GSDP figures are taken at current prices,Exchange Rate as per slide 44,Updated figures for 2018-19 may be available throug
37、h MOSPI by March 2018 For updated information,please visit www.ibef.org SIKKIM 13 ECONOMIC SNAPSHOT FDI INFLOWS&INVESTMENTS According to the Department of Industrial Policy&Promotion(DIPP),FDI inflows in Sikkim totalled US$4.78 billion between April 2000 and June 2018.Sikkim contributes around 1 per
38、 cent to the total FDI inflows of the country.Government of India has introduced North East Industrial Development Scheme 2017 under which all new industrial units located in eight north-eastern states in manufacturing and services sector of the state will be eligible for various incentives.FDI infl
39、ows in Sikkim April 2000-June 2018(in US$million)1488 394 424 436 239 955 49 218 579 4782 100015002000250030003500400045005000FY01-FY112011-122012-132013-142014-152015-162016-172017-182018-19*FY01-FY19*Source:Department of Industrial Policy&Promotion(DIPP)Note:Including West Bengal and Andaman&Nicob
40、ar Islands,*up to June 2018 For updated information,please visit www.ibef.org SIKKIM 14 ECONOMIC SNAPSHOT EXPORT TRENDS Merchandise exports from Sikkim have increased from US$3.91 million in 2014-15 to US$13.96 million in 2017-18.During 2018-19*,the exports stood at US$4.3 million from the state.Dru
41、g Formulations and Biologicals are the largest export items from the state,accounting for nearly 67 per cent of total exports in 2017-18,followed by Cereal Preparations(7 per cent)and Misc Processed Items(6 per cent).Source:DGCIS Analytics Merchandise Exports from Sikkim(US$million)3.91 2.93 4.91 13
42、.96 4.30 0.002.004.006.008.0010.0012.0014.0016.002014-152015-162016-172017-182018-19*Principal Commodities Exported in 2017-18 67%7%6%6%2%2%2%1%8%Drug Formulations,BiologicalsCereal PreparationsMisc Processed ItemsCoal,Coke and Briquittes,etcPetroleum ProductsPearl,Precious andSemiprecious StonesMed
43、ical and ScientificInstrumentsMarine ProductsOtherNote:*-Upto September 2018 SIKKIM PHYSICAL INFRASTRUCTURE For updated information,please visit www.ibef.org SIKKIM 16 PHYSICAL INFRASTRUCTURE ROADS Source:Public Works Roads and Bridges Department,Government of Sikkim,mhupa.gov.in,Ministry of Road Tr
44、ansport&Highways Road type Length(km)(2016-17)National highways(NH)(February 2018)463 State highways 701.09 District roads*1,080.85 Other district roads*334.51 CRF(US$million)EI&ISC(US$million)Allocation Expenditure Accrual Expenditure 2014-15 0.77 0.24 NA NA 2015-16 0.79 NA NA NA 2016-17 1.96 1.40
45、NA NA 2017-18 1.88 1.25 0.98 1.09 2018-19 1.97 NA 2.14 NA Fund Allocation and Expenditure Note:*As of 2015-16,NA Data not available,CRF Central Road Fund,EI&ISC-Economic Importance and Inter-State Connectivity Sikkim had a total road network of 2,425.45 km.The state is connected to West Bengal&the r
46、est of India through National Highway(NH)-31A.The Sikkim Nationalised Transport(SNT)operates 114 buses(covering 43 routes),64 trucks&33 tankers across the state.As per budget 2018-19,more than 2,977 km new roads have been constructed since 1994.The state government proposed an allocation of Rs.278.5
47、9 crore(US$43.23 million)for roads and bridges department during 2018-19.The state government has proposed a vision for the development of roads and bridges until 2020.For updated information,please visit www.ibef.org SIKKIM 17 PHYSICAL INFRASTRUCTURE RAILWAYS Indian Railway Construction Company app
48、roved the construction of rail connectivity between Sevoke in West Bengal to Rangpo in Sikkim.Total length of rail track between Savor and Rangoon will be 52.7 km.Rail connectivity between Rangpo-Siliguri is also under construction.As of May 2018,Indian Railways has planned several projects worth of
49、 Rs 40,000 crore(US$6.21 billion)which will involve construction of rail links connecting capital cities of northeast states such as Manipur,Mizoram,Meghalaya,Sikkim and Nagaland.Source:North-East Region Rail Infrastructure presentation;Ministry of Railways,Sikkim Times,June 2013,Assorted news artic
50、les For updated information,please visit www.ibef.org SIKKIM 18 PHYSICAL INFRASTRUCTURE AIRPORTS Source:Airports Authority of India,News Articles In September 2018,Prime Minister of India inaugurated Pakyong airport in Sikkim,the states first airport,which is expected to significantly boost the stat