Sikkim CM submits state’s proposals for budget to Union Finance Minister

New Delhi, November 26: Chief Minister of Sikkim Prem Singh Tamang, attended the meeting scheduled to discuss the forthcoming Union Budget 2023-24 chaired by Union Finance Minister Nirmala Sitharaman at Manekshaw Centre, New Delhi.

The Chief Minister expressed his gratitude to the Union Finance Minister for providing the platform for representatives from states and the union territories to participate and submit their respective proposals and suggestions for the forthcoming budget.

During the meeting, CM P.S Tamang provided comprehensive detail about the changing orientation of Sikkim’s economy, the growth trajectory, and the fiscal & institutional interventions required to sustain the relatively higher growth rate. He also highlighted the national-level achievements of Sikkim and demonstrated critical variables like the Sustainable Development Goals, environmental and energy security, structural change, and service sector-led new employment opportunities. To make the state economically self-reliant, dynamic, competitive, and resilient, the Chief Minister requested a range of fiscal, financial, institutional, and policy interventions from the Ministry of Finance and other ministries of the Government of India.

The Union Finance Minister acknowledged the suggestions of the state government and assured that she will try to accommodate the state issues in budget 2023-24 in the utmost possible way.

The Finance Ministers from all the states, including legislators of Union territories, the Finance Secretary (Economic Affairs) Govt of India, Chief Secretaries, and the Central and state governments officials, attended the meeting.