Sikkim: CM Tamang highlights 900 crore damage to tourism in budget speech
Sikkim Chief Minister Prem Singh Tamang, also in charge of finance, said in the 2021-22 fiscal budget presentation on Monday that the hill state’s tourism sector suffered a loss of more than Rs. 900 crore due to the COVID-19 pandemic, affecting the state’s gross domestic product (GDP) to the tune of Rs. 2,200 crore.
Tamang, who had launched 'Visit Sikkim 2022' at the beginning of this year to revive the pandemic-struck tourism sector of the state, presented a Rs 9,852.85 crore budget for the financial year while throwing light on the ailing economic situation in the state.
The agriculture, electricity and excise sectors too have been affected due to the breakdown of supply chains and reduced consumption, Tamang further added.
"I believe that the bills introduced today will further serve in the overall development of our state as we move forward," Tamang wrote in a Facebook post.
TNT-The Northeast Today is now on WhatsApp. CLICK HERE to receive more updates on your phone.
