Analysing Sikkim Budget shows that rising debt is a concern
In Sikkim, the annual state budget, approved by our lawmakers, doesn’t receive the attention it deserves, despite its significant impact on our lives. There is very little formal or informal debate about the budget within our society. This lack of engagement may be due to the technical nature of the budget, which many people find difficult to understand. Other reasons include a general lack of awareness about the budget’s importance and the exemption Sikkimese receive from paying income tax. While some of you may have a good understanding of the budget and have thoroughly analysed it, I want to simplify a few basic concepts for those unfamiliar with it.
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