Economy, Banking and Finance · 23 July 2026

Sikkim Presents Rs 19,215 Crore Budget for 2026-27 with Focus on Infrastructure and Social Welfare

Exam-focused facts from the 23 July 2026 current affairs briefing.

Key facts

  • Sikkim Chief Minister Prem Singh Tamang presented a budget of Rs 19,215 crore for the financial year 2026-27 in the state assembly on July 20, 2026.
  • The gross expenditure for 2026-27 is Rs 19,215 crore, with a net expenditure of Rs 18,455 crore after accounting for recoveries.
  • Revenue expenditure is estimated at Rs 11,733 crore, while capital expenditure is marked at Rs 5,896 crore (excluding loans and advances).
  • The state government has earmarked Rs 2,460 crore for its share under Centrally Sponsored Schemes.
  • Sikkim recorded an average real Gross State Domestic Product (GSDP) growth of over 12.6 percent during the past eight years.
  • Sikkim's GSDP at current prices is projected at Rs 62,973 crore for 2026-27.
  • The budget will be financed through Sikkim's own revenues, central government transfers, and prudent borrowings.
  • Priority allocations include good governance, infrastructure development, and social welfare.
  • The state aims to sustain an average annual GSDP growth of over 13 percent under the Viksit Sikkim @2047 vision.