CM Tamang inaugurates new State Bank of Sikkim branches, extends support to the bank

New Delhi, December 1: Chief Minister Prem Singh Tamang attended the virtual inauguration of infrastructures of the State Bank of Sikkim (SBS) in Gangtok on Wednesday.

The Chief Minister virtually inaugurated a new SBS building in Tadong and Bank branches in Nandugaon (Namchi district) and Uttarey (Gyalshing district) in the presence of Cabinet Ministers, Area MLAs, MP Lok Sabha, Political Secretary, Additional Political Secretary, local urban and rural ruling bodies, representatives from SBS and Sikkim Entrepreneurship and Economic Development (SEED) Cell, police personnel and Skilled Youth Start-up Scheme (SYSS) beneficiaries.

The Chief Minister in his speech said that SBS is a native Bank and the people of Sikkim need to trust and promote the Bank to take it beyond the Sikkimese border. He assured that his administration would leave no stone unturned for the employment of Youth in the State. Over 1700 Sikkimese citizens have benefited through the Skilled Youth Start-up Scheme, generating employment opportunities, he said. He also declared that the government has earmarked an amount of Rs. 900 crores for the women entrepreneurs.

On the occasion, he announced that the retirement age of Bank workers will be 60 years from the existing 58 years.

The CM highlighted various schemes such as Aama, Bahini and other schemes and thanked the SBS for financially supporting the Govt in every way possible.

Three entrepreneurs under the SYSS scheme were felicitated with Letters of Appreciation for their success under SYSS scheme.

Six best entrepreneurs from each district were also handed sanction letters/cheques by the Chief Guest.