The 16th Finance Commission of India is preparing to release its report on Sikkim’s financial health and development. During a recent press conference in Gangtok, Dr. Arvind Panagariya, Chairman of the Commission, discussed the state’s contributions to sustainable development, energy security, and environmental protection. He emphasized that while factors such as forest cover and Sikkim’s high per capita income are important, the allocation of funds must follow standardized and equitable criteria for all states.
Dr. Panagariya acknowledged Sikkim’s infrastructure challenges, particularly in connectivity. He noted that addressing these issues would require central government grants, dependent on national budgetary priorities. The report will evaluate key financial aspects, including Sikkim’s contribution to national GDP and environmental efforts, while ensuring fair distribution of resources.
The Finance Commission’s recommendations aim to balance the needs of states like Sikkim, ensuring equity and equal public services for all citizens across India. Dr. Panagariya assured that the Commission strives to ensure no state is left behind in providing sustainable and inclusive development.
The upcoming report is expected to offer policy recommendations for Sikkim’s growth, address existing challenges, and highlight the state’s potential contributions to national progress. This initiative underscores the Commission’s focus on fairness, transparency, and sustainability in resource allocation.
