What is the economy of Sikkim?

The state’s economy is largely agrarian based on the terraced farming of rice and the cultivation of crops such as maize, millet, wheat, barley, oranges, tea, and cardamom. Sikkim produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom.

What is the contribution of the resources of Sikkim state to its economy?

Sikkim has a suitable climate for agricultural and horticultural products. It supports multiple crops; viz., rice, wheat, maize, millet, barley, urad, pea, soya bean, mustard and large cardamom. Sikkim is the top producer of large cardamom, contributing over 80\% to India’s total production.

Is Sikkim a rich state?

Sikkim is India’s third-richest state (after Delhi and Chandigarh), by per capita income. Its literacy rate is India’s seventh highest.

What is special about Sikkim?

A part of the Eastern Himalaya, Sikkim is notable for its biodiversity, including alpine and subtropical climates, as well as being a host to Kangchenjunga, the highest peak in India and third highest on Earth. Long a sovereign political entity, Sikkim became a protectorate of India in 1950 and an Indian state in 1975.

What is economic growth of Sikkim in past 5 years?

GDP of Sikkim increased from 1.12 million INR, lakhs in 2011 to 3.27 million INR, lakhs in 2020 growing at an average annual rate of 12.82\%.

Why Sikkim is good for agriculture?

In January 2016, Sikkim became India’s first “100 per cent organic” state. Today, all farming in Sikkim is carried out without the use of synthetic fertilisers and pesticides, providing access to safer food choices and making agriculture a more environment-friendly activity.

Is Sikkim a poor state?

In rural poverty, the 9.85\% population of Sikkim is living below poverty line and the state is ranked with the five top states Goa, Himachal Pradesh, Kerala and Punjab in terms of reduction in rural poverty. Among the North-eastern states, Sikkim has been ranked as top in poverty reduction.

Is Sikkim safe to live?

“Sikkim is a very hassle free, peaceful place to visit. “Though at present we are not conducting any Sikkim tour for the last few years, Sikkim is normally safe, compared to other states of the country, this could be an isolated incident,” said an official of Kundu Special.

Why do you like Sikkim?

From mighty Himalayan ranges and dazzling waterfalls to green forests and grand Buddhist monasteries, Sikkim is a treasure trove of nature. Also Kanchenjunga (8586 m above sea level), the third highest peak in the world, is in Sikkim, a reason enough to visit this gorgeous state this summer.

Why is Sikkim beautiful?

Sikkim is one such scenic state of the region. Located in the foothills of the Himalayas, the beauty of Sikkim is absolutely breathtaking. Snowcapped mountains, picturesque vistas, lakes, waterfalls and colorful valleys together form the beauty that is Sikkim.

What is economic growth in Sikkim?

Sikkim is one of the fastest growing states in India. The state has favourable agro-climatic conditions, which support agriculture, horticulture, and forestry. The Gross State Domestic Product (GSDP) of Sikkim expanded at a CAGR of 15.86\% between 2015-16 and 2019-20.

How does tourism help the economy of Sikkim?

Tourism is one of the important services providing industry in Sikkim state. Its rapid growth contributed in the socio-economic development of the region. The increase of tourists’ influx resulted in the economic benefit to the regional economy by providing income and employment to the local community people.

What is the role of industry in Sikkim?

Commerce & Industries Department In Sikkim, industry plays a vital role in the economy of the State. Sikkim has seen a great boom in the industries in the recent years. Sikkim has now emerged as an Industrial Hub.

Why does Sikkim have such a low population?

Sikkim does not have a low population. No place on Earth has a low population in proportion to what that area can sustain. A few hundred years ago transportation was a lot more expensive so trade between different regions was smaller.

How is farming in Sikkim becoming more sustainable?

Today, all farming in Sikkim is carried out without the use of synthetic fertilisers and pesticides, providing access to safer food choices and making agriculture a more environment-friendly activity.

Why Sikkim is the best place to visit?

Host to the highest peak in India – Kanchenjunga, Sikkim is a perfect tourist destination for rejuvenation of mind, body, and soul. Sikkim is a small state spread over an area of 7,096 km sq. The total population of the state accounts for 610, 577. With USD 1.57 billion SGDP, Sikkim has the third smallest SGDP in India.