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INDIAN STATE : SIKKIM

Industrial Policy of Sikkim

Policy Objectives

The policy envisages:-

  • Creation of an atmosphere conducive to industrial growth, taking into consideration the available natural resources and the local socio-economic environment.
  • Maintenance of the Green State image while promoting industrial activities.
  • Rehabilitation of sick industries with comprehensive assistance and guidance from the Department of Industry, and privatization of select State Public Sector Undertakings.
  • Enrichment of the agricultural sector through the establishment of appropriate linkage between agriculture and agro-based industries.
  • Ensuring balanced regional development through promotion of Khadi, Village, cottage, and tiny, small and ancillary industries.
  • Promotion of the traditional handloom, handicrafts and artisan sector, by providing adequate support in the form of common facilities like service centers cheap raw material, technical inputs, marketing network skill development, etc.
  • Development of tourism as an industry.
  • Development of Sikkim as a major centre for manufacture & marketing of tea.
  • Rapid Development of basic infrastructure so that industrial Growth is facilitated.
  • Encouraging self-employment and identification of avenues for the same by providing guidance through data bank of project-profiles and other related information.
  • Promote and encourage high-value, low-volume products, in view of the transportation-bottlenecks in the State.
  • Human resource development through appropriate skill and entrepreneurship development programmes behavioral training, etc., at district, sub-division and block level, to meet the emergent skill requirements of the State within a stipulated time frame.
  • Protection and promotion of interest of the local people especially at the unskilled and semi-skilled levels by defining norms for a minimum percentage of employment to the local people in the industrial units.
  • Encouraging joint ventures between local entrepreneurs and industrialist from outside the State for setting up of industries within industrial belt area.
  • Simplification of procedures and opening up of Sikkim with a view to attract both internal and outside investors, with respect to prospects whose long-term viability is carefully evaluated.

Strategy for implementation of the policy

The objects set out in the industrial policy are challenging and require a well-defined strategy for implementation. The Government proposes to achieve these objectives by pursuing the following strategies:-

  • Identification of thrust areas and effective promotion of industries in these areas.
  • Announcement of attractive package and fiscal incentives.
  • Special promotional measures for rural and traditional industry.
  • Establishing industrial estates and growth centers to facilitate integrated development of industry.
  • Development of rehabilitation package for the sick industries.
  • Revamping the public sector undertakings.
  • Creation of appropriate organization arrangements.
  • Development of marketing support systems.
  • Development of appropriate training facilities.
  • Creation of Single Window Agency.

Full text of the policy

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