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Economy of Sikkim

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Economy of Sikkim
Sikkim - India's First 100% Organic State
Statistics
GDP0.47 trillion (US$6 billion) (2023–24; est)[1]
GDP rank23rd
GDP per capita
541,544 (US$6,489) (2021–22; est)[1]
GDP per capita rank
3rd
0.715[2] (6th)
All values, unless otherwise stated, are in US dollars.

The economy of Sikkim, a state in northeastern India, has a significantly agricultural economy. Although having mountainous terrain, Sikkim has managed to sustain its agricultural economy through organic farming. The state of Sikkim was declared as the only 100 per cent organic state in 2016.[3] Sikkim's industrial sector is also mostly agriculture based. Besides agriculture, other large industries include pharmaceuticals,[4] ecotourism,[5] and carpet weaving.[6]

Agriculture

Total cropped area of Sikkim is averaged at 138,000 hectares.[7]

In 2016, Sikkim became world's first Organic state. Also Sikkim was the first state in the world to implement 100% organic policy.[8] Majority of Sikkim's population(around 62%) is employed Agriculture and Agriculture based sector[9] and 80% of rural population is employed in this sector.[10]

In 2003, Sikkim implemented 100% Organic farming and banned chemical fertilizers and pesticides. Sikkim became first Indian state to do so.[11] In January 2016, Sikkim was awarded with prestigious Future Policy Gold Award by UN Food and Agriculture Organisation (FAO).[12][13][14]

Sikkim is major producer of Black cardamom in India.[15] Sikkim accounts 88% of cardamom produce of India.

Major crops of the state are, Paddy, Buck Wheat, Maize, Barley, potato.[16]

Sikkim is known for its unique Temi Tea.[17] Tea Board of India is considering GI tag for Sikkimese Tea.

References

  1. ^ a b "Sikkim Budget Analysis 2023-24". PRSIndia Legislative Research.
  2. ^ Sikkim per capita income
  3. ^ "Sikkim declared 100 per cent organic by UN Food and Agriculture". The Times of India. ISSN 0971-8257. Retrieved 2023-02-20.
  4. ^ Mukherjee, Writankar (2009-11-03). "Sikkim turns into a pharma hub". The Economic Times. ISSN 0013-0389. Retrieved 2023-02-20.
  5. ^ "Sikkim Ecotourism". Sikkim Forest Department. Retrieved 2023-02-20.
  6. ^ "DHH - Carpet weaving". sikkimcrafts.gov.in. Retrieved 2023-02-20.
  7. ^ "Soil Resource". www.sikenvis.nic.in. Retrieved 2023-02-21.
  8. ^ "Explained: How Sikkim Became World's First Organic State". Indiatimes. 2022-06-16. Retrieved 2023-02-20.
  9. ^ "Sikkim Employment, Sikkim Employment Statistics, Employment level in Sikkim". www.thisismyindia.com. Retrieved 2023-02-20.
  10. ^ "Agriculture". www.sikenvis.nic.in. Retrieved 2023-02-20.
  11. ^ "Sikkim declared 100 per cent organic by UN Food and Agriculture". The Times of India. ISSN 0971-8257. Retrieved 2023-02-20.
  12. ^ "Sikkim, India's first 'fully organic' state wins FAO'S Future Policy Gold Award | FAO in India | Food and Agriculture Organization of the United Nations". www.fao.org. Retrieved 2023-02-20.
  13. ^ "Sikkim declared 100 per cent organic by UN Food and Agriculture". The Times of India. ISSN 0971-8257. Retrieved 2023-02-20.
  14. ^ "Sikkim is 100% organic! Take a second look". www.downtoearth.org.in. Retrieved 2023-02-20.
  15. ^ "Sikkim world's leading cardamom producer". The Print. Retrieved 2023-02-20.
  16. ^ "Sikkim Agriculture". www.mapsofindia.com. Retrieved 2023-02-21.
  17. ^ Rakshit, Avishek (2018-09-21). "After Darjeeling and Assam, Tea board plans GI for Sikkim tea". www.business-standard.com. Retrieved 2023-02-21.