E-Paper
Sikkim CM thanks PM, FM for release of ₹283.10 crore to state
Sikkim CM thanks PM, FM for release of ₹283.10 crore to state
He said the funds will help in the economic development of the Himalayan state.
"#Gratitude to Hon'ble PM Shri @narendramodi ji and Hon'ble Finance Minister Smt @nsitharaman ji for releasing ₹283.10 crore for Sikkim as an additional tax devolution instalment," he said in a post on X.
"This funding will significantly boost Sikkim's economic development, supporting social welfare measures and infrastructure projects," Tamang said.
The Himalayan state suffered a massive natural disaster in October this year as a flash flood in the Teesta river ravaged road infrastructure and communication network in addition to washing away a hydropower project dam at Chungthang in North Sikkim.
Sikkim depends heavily on the central government for funds for development and capital expenditure with its own sources of revenue generation remaining scarce.
