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16th Finance Commission team arrives in Sikkim

The Finance Commission team is scheduled to meet with a variety of stakeholders, including state government representatives, financial experts, and local organisations

Northeast NewsbyNortheast News
January 19, 2025
in Uncategorized
Arvind Panagariya, Chairman, 16th Finance Commission, along with members and officials, arrived in Gangtok on Sunday (PIBGangtok/X)
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Gangtok: The full team of the 16th Finance Commission, headed by Chairman Arvind Panagariya, arrived in Sikkim on Sunday for an important five-day visit aimed at assessing the state’s financial requirements and planning future allocations.

Upon their arrival, the team was greeted with a warm welcome at the Burtuk helipad by key state officials, including Chief Secretary R Telang, Chief Administrator VB Pathak, and Director General of Police (DGP) Akshay Sachdeva.

During their visit, the Finance Commission team is scheduled to meet with a variety of stakeholders, including state government representatives, financial experts, and local organisations.

The discussions will centre on reviewing the financial needs of the state, ensuring effective allocation of resources, and strategizing future financial planning.

The team will also assess the state’s progress on financial management and infrastructure development, with an eye toward facilitating further growth and economic stability in Sikkim.

Sikkim CM meets with investors

Meanwhile, in a bid to further strengthen the state’s economy and foster sustainable growth, Sikkim Chief Minister Prem Singh Tamang held a series of crucial meetings with investors.

These discussions were part of the state government’s ongoing efforts to explore investment opportunities across various sectors such as tourism, urban development, agriculture, and hospitality.

The chief minister emphasised the state’s potential for growth in these areas, highlighting government initiatives aimed at creating a more conducive environment for both domestic and international investments.

Additionally, Tamang met with senior officials from the India Today Group to discuss a special initiative commemorating the 50th anniversary of Sikkim’s integration into India.

This collaboration is set to highlight the state’s rich history and progress over the past five decades while promoting Sikkim as a prime destination for investment and development.

The discussions underscored the state government’s commitment to leveraging strategic partnerships to drive transformative change across its key sectors.

Tags: 16th Finance Commission5-day visitChairman Arvind PanagariyaSikkim
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