Concluding Day of the Budget Session-2005

Honorable Speaker,

 

Hon’ble Speaker Sir, Hon’ble Members of the Legislative Assembly, Let me first extend my warm season’s greetings to the Hon’ble Speaker, Hon’ble Members of this August House, the people of Sikkim, the officials and the distinguished members of the civil society and media present here. This is the first full budget my government is presenting after we secured the mandate of the people for the third consecutive term. I am confident that this budget will herald greater prosperity and all round progress for the people making the State as the most forward looking, robust and sustainable in the country.
I would also like to record my sincere appreciation to the people of Sikkim for their spontaneous show of compassion, support and generous contribution towards rebuilding the hopes and shattered lives of the hundreds of Tsunami victims in the coastal regions of the country. May the Almighty give to the affected fellow brothers and sisters the strength and resilience to overcome the colossal loss and begin life anew.
It is delightful to note that the Union Government, pleased with our development actions and performance, has allocated Rs. 500 crores to the Annual Plan for the year 2005-2006. The August House will also be pleased to note that the new Planning Commission Members led by Dr. Montek Singh Ahluwalia remained very impressed by both our performance and achievements. At the same time, the new team in Planning Commission has a much greater expectation from us for further consolidation of our development process. And this a major challenge for us in the State.
The State Government is fully committed towards fulfilment of dream to make Sikkim model state by creating new development dynamics and initiating newer and more competent strategies to accomplish our mission. Having emboldened and enjoyed people’s faith and confidence all these years, let me assure this August House that we shall spare no effort to rededicate our resources towards fulfilment of the pledges as enshrined in the party manifesto. The development strategy and the policies to be adopted by my Government, will be so determined that the aspirations of the masses are fully addressed.
Hon’ble Members will be pleased to know that as per inter-state performance ranking made by the Planning Commission, Sikkim is positioned among the top ten in the country. With a growth rate of over 8%, which is one of the highest in the country, we are now looking ahead at a target to achieve a double-digit growth index by the end of the 10th Plan. Amidst all the accolades and appreciations at the regional and national level, we cannot afford to remain complacent. It is necessary to carry forward and consolidate the gains we have accomplished so far and also to effectively harness our untapped natural resources to our advantage.
In respect of every sector of development infrastructure social and economic- we are already in the process of rolling out distinct road maps that will facilitate implementation of developmental activity with objectivity and a clear sense of desired direction. We will subscribe to a natural resource based approach in our development strategy duly underlining considerations for environmental protection and developmental sustainability. The efficiency of our development policy framework should not only be appreciated from the instances of economic progress in the material sense of the term but also in terms of the level of mental and emotional well being enjoyed by the people.
In our development strategy, participative planning and implementation has been the keynote policy prescription. Efforts are being made to facilitate creation of an effective and vibrant Panchayati Raj Institution through greater decentralization and devolution of power at the grass-root level. My Government believes in the principle of people’s empowerment as an enabling means to bring about a bottom up approach, which are localized and reflect the felt needs of the people at the grass root. The process of decentralization has been institutionalized and sustained efforts are being made to strengthen the administrative machineries at the grass root level. To support the institutions of the Panchayati Raj, the entire process of establishment of 30 Block Development Offices covering the entire State has been started. Block Development Committees have also been constituted to give direction to the village level functionaries to effectively participate and function in the development administration under the decentralized regime.
As a major initiative in streamlining the Monitoring and Evaluation system, creation of a separate Directorate is in the offing. This machinery will facilitate qualitative improvement in the overall planning and implementation process. Preliminary steps towards implementation of this system have already been initiated in all departments through I creation of a separate cell for Monitoring and Evaluation within the respective organizational structure.
My Government is seriously committed to initiating necessary administrative measures based on the fiscal reforms policy announced by the central government. As part of our commitment under the Medium Term Fiscal Restructuring Program, the State Cabinet has affected a total ban on further creation of posts and has also approved signing of the MOU with the Government of India. The Asian Development Bank has been enlisted to provide technical assistance to the State in formulating a comprehensive paper for implementing an effective reforms policy. The ADB-approved Technical Assistance on Capacity Building for Fiscal Reforms in Sikkim is aimed at designing effective methods to improve the State’s finances and to build the necessary capacity to implement and sustain these measures. The National Institute of Public Finance and Policy have been selected as the Consultant in view of their past association with the State in the preparation of The People’s Vision Document and the Sikkim Development Report. The present assignment would help in improving the State’s finances and prepare the State to enact the Fiscal Responsibility and Budget Management Act. I would solicit full cooperation and active support of the Hon’ble Members on the fiscal reforms front.
It is time for us to reorient our approach and strategy on our fiscal management with a clear objective of making Sikkim into a revenue surplus State. We indeed occupy an enviable position that with the rich natural resources at our I command, Sikkim can surely emerge as a model State in the country. We have set a target of generating internal revenue of Rs. 1800 crores by the year ending 2015.
I propose to broaden the State’s internal resource base by introducing new avenues of taxations. In fact, we will make all-out efforts and find out ways and means to enhance State’s revenue. Apart from some such measures, user charges for various services will be examined specifically in respect of those categories of people who have the capacity to pay.
Besides the huge subsidies that go into the education and food sectors, there are varieties of other subsidies which have been extended by our government for long. Subsidies have a deep social and economic philosophy behind it. It has been evolved over the years as a means to inject egalitarianism in the State through the state intervention. However, it should not be treated as something that the government can extend indefinitely. As the state does not have many alternative sources of resource mobilization, it will make the State highly dependent on the sources outside the State. Each household in Sikkim should be persistently sensitized and educated about the need to extend supports only to the people and household who really deserve it. Hence, we may have to seriously consider the question of tapering off subsidies and diverting the funds so released to other productive activities directly benefiting the people.
 

Unemployment-our prime concern.
Unemployment is one major concern of my Government. The Chief Minister’s Self Employment Scheme had been launched with a fair degree of success. To complement this effort, the scheme of Kaushal Vikash Kosh (Skill Development Fund) had also been commissioned with the basic objective of providing professional trainings to the educated unemployed youths. With employment avenues virtually saturated in the Government sector, our focus needs to be directed towards diversifying and creating alternative avenues of employment outside the government. We are seized of the problem in this regard and facilitating a new employment alternatives by improving the investment climate in the State and encouraging the participation of NGOs and private sector development partners to help generate additional employment opportunities.
 

Employment Abroad
We are all aware that there is an employment boom in certain specific sectors in many developed countries in Europe, Japan and North America. These employments are created both because of the development pace and also because of the ageing population in these countries. On the other hand, many, of the developing countries like Philippines, Sri Lanka and Thailand have really made use of these employment opportunities. In India, States like Kerala, Punjab and Gujarat have capitalized on such situations. Sikkim has to exploit this huge employment market abroad both because we have growing number of skilled people and also it will bring wealth, exposure and experience to the State.
Most importantly, the opportunities are there for our women in the profession of nurses and other health related activities. They are paying handsome salaries to the qualified people. We have a tradition of caring for old and sick. We therefore, culturally also fit very well in this employment market. At the same time, we are fully aware of the rackets that characterize these employments abroad. We would not like to be the victims of such rackets.
Therefore, our government is setting up a small unit in the Department of Personnel for the promotion of employment abroad. This unit will bring information about the possible intake in various sectors of the employment market abroad and would disseminate the same on a regular basis. This unit will also act as a consulting unit to help in legal and other formalities for a person who is preparing to go abroad for such employment. This unit will very closely work with the office where the Skill Development Fund will be located.
 

Tourism Development
It is evident that tourism has emerged as the pivotal economic activity in the State. Our emphasis will continue to address conservation of ecology and environment, culture and natural heritage. We have already promoted the concept of village tourism so that the ethnicity of our rich culture and tradition can be preserved and promoted as a marketable product. My government has also announced the policy to facilitate development of one model tourism village each in all the constituencies. The underlying objective of this policy is to promote ethnic tourism and mobilize the rural masses particularly targeting the educated unemployed youths, encouraging them to participate as key stake holders in the tourism trade. My government has also taken a decision that one tourist spot will be identified in each Gram Panchayat unit which will be developed as a centre for tourist interest. Besides, the State Government will identify natural water falls and hilltops to develop viewpoints and eco-friendly parks and gardens to attract more tourists in all parts of the State.
Keeping in mind the tremendous growth projected in the tourism sector, I have deemed it feasible and worthwhile to propose establishment of an Institute of Foreign Languages in the State. This facility will enable our youths to acquire added qualification in securing jobs particularly in tourism related and hospitality sectors.
Our Government has been focusing on tourism as a major source of employment generation. This fiscal year, we would like to focus on some crucial issues:
Both natural and cultural heritage of Sikkim are major attractions for the tourists. They both constitute vital organs of eco-tourism. So heritage conservation and promotion are our basic thrusts. We have already identified White Hall the place once occupied by John Claude White the first political officer in Sikkim after it fell under British Superintendency in 1887. We are going to renovate the entire building without disturbing its historical architectural and aesthetic qualities. We would like to convert it as a heritage home with museum, library, archives and a discussion room.
Let us recall, it was late John Claude White who prepared the first budget of Sikkim in 1889. The first budget showed a revenue surplus of Rs 5367. The total revenue generated was Rs 20336 and total expenditure was Rs 14969. The land, forest and excise were the major sources of revenues. Public works, allowance to Raja and Agriculture were the main expenditure heads.
Tourism is largely a business of networking. Many countries that have really done well in the tourism sector have very well networking across the globe. They are rich in disseminating information, fast in communication and efficient in handling tourists. There are two basic concept of tourism promotion i.e. tourism creation and tourism diversion. Sikkim has to work on both these counts. We shall have to create our own attractions to bring tourists exclusively for Sikkim. And the other is to divert the tourists that are going to other tourist spots. For instance, there are a large number of tourists who visit Darjeeling district and also keen to visit Sikkim. But because of various reasons mainly poor information and communications, they are not able to do so. We would like to harness these potentials.
Therefore, our government would now open a Tourist Information Centre in Darjeeling basically to cater to the potential tourists. We expect this to enhance the level of tourist arrivals in a big way.
Our major concern has been the seasonality of tourism. That is, we have peaking seasons of tourists in April and May and our winters are dry. This not only creates seasonal unemployment but also keeps the hotels, taxis and many other tourist related activities without any business. In order to attract more domestic and foreign tourists, we would now give special emphasis on winter tourism. This includes winter festivals, winter discounts and also promotion abroad.
 

Agriculture Development
As the economic livelihood of the people of the State is predominantly agro-based, it is observed that due to increased developmental activities, there has been substantial reduction in the net cropped area. Consequently, the contribution of this sector to the Net State Domestic Product stands at 23% today as compared to 45% in 1990-91. This calls for a reorientation in our development strategy whereby a comprehensive package of measures will be undertaken in order that the productivity of the land per unit is substantially enhanced. In fact, the people will appreciate our step to go for mass cultivation of cash crops and other commercial crops such as mandarin orange, pear, passion fruits, squash, mushroom, floriculture including medicinal and aromatic herbs and plants, all of which never measured up traditionally as principal economic activities in the state.
This year our main emphasis on the agriculture sector would be three fold.
Firstly, we would like to locate and introduce newer technologies in a number of agricultural and non-agricultural activities in the rural areas. As stated in the last interim budget of 2004 an exclusive fund for this purpose is being created. This will be known as “Technology Induction Fund” under which varieties of newer technologies will be inducted through various development agencies. For this fiscal year, I announce a package of Rs 1.25 crore for this fund which would be conducted by the Department of Rural Management and Development along with the Department of Science and Technology. Secondly, we expect the Agriculture Export Zone to be the main marketing agency of the farmers in Sikkim. Let me frankly state that though the project of setting up of AEZ has been given a priority by the government because of certain human and technical reasons. We have not been able to realize the same. This project has a lot of promise and can really make a difference in the State's performance in the agriculture sector. I would firmly appeal to the Department concerned that this project must be realized physically in the coming fiscal year. Our Government has always been of the view that for such an important project we should not have the resource crunch.Thirdly, in order to give a fillip to goal of making Sikkim a Total Organic State by 2009, we would now create a special fund for this. We plan to do it in comprehensive manner with multiple strategies and techniques. The government plans to hold a range of meetings across the State to make farmers and people aware about the organic farming. Farmers will be sent for training and other field-led exposures both in India and abroad to enable them to increasingly and smoothly shift to organic farming. We would also invite experts and institutions who have successfully been doing organic farming to our State for both supporting policy formulations and interactions with the farmers. If we are able to move towards organic farming we can cater to a specific bourgeoning market both within and outside the country. This will also make our farm produces competitive in the era when the WTO related liberalization have led to the removal of restrictions in the imports of agriculture products. Therefore, I propose to allocate Rs 1 crore for the promotion and implementation of our mission to become the first Total Organic State in the country.This fund will be jointly conducted by the Department of Agriculture and Department of Science and Technology.
 

Animal Husbandry Development
In the domain of the Animal Husbandry and fisheries sector, thrust will be given to improving the productivity of livestock's with a view to making the State self-sufficient in so far as livestock products are concerned. Our strategy will be aimed at concentrating our development efforts in selected areas of livestock's development such as cattle, poultry, piggery and fisheries. Owing to sizeable concentration of defence establishment in the State and the ever-increasing tourists, efforts will be made to encourage our farmers, particularly the unemployed youths, to venture in the large-scale commercial livestock's farming in the State. Apart from the required training and extension of services, soft credit from financial institutions will also be arranged for the prospective farmers.
Industrial Scenario
The contribution of the industrial sector in the State's economic development has not been so significant. However, my government has been making efforts to lure major investors by creating an investment friendly climate supported by a sound investment policy framework which provide for an enabling legal framework, congenial environmental condition including attractive fiscal incentives. Certain areas identified for private sector investment participation include tourism related industries, transport and trade related services, software development and electronic-based industries, pharmaceutical industry, health care and education, hydel power, horticulture, food processing, handicraft and handloom. The basic infrastructure to woo private sector investment in the State need to be further strengthened. We are in the process of developing an Industrial Growth Centre at Marchak covering an area of about 25 acres. So far five investment parties have been allotted land plots for establishment of industrial units. I have already taken personal interest and initiatives in organizing a series of meets to interact with major industrial houses from all over the country with a view to inviting investments in the State. These efforts have yielded positive result and as of today. We have project proposals from major business houses for prospective investment in areas like tourism, hydel power, education, pharmaceutical and food processing sectors.
 

Nathula Trade
The reopening of the cross-border trade through Nathula will unfold new horizon and opportunities for commerce and trade in Sikkim. We would like to use the prospective trade with Tibet as an economic instrument to develop our state. All these developments would entail a sense of preparedness on the part of the government to take necessary initiatives to develop the required infrastructure. In this regard, our priority would be the development of an alternative National Highway to provide better connectivity between Sevoke-Gangtok-Nathula. The other major consideration will be the completion of the first Airport of Sikkim at Pakyong. With an investment friendly industrial policy of the State combined with the extension of a package of the benefits under the dispensation of the North East Industrial Policy, it is envisaged that investment likely to be generated in the industrial sector will be of the order of Rs. 400 crores in the Tenth Plan. While rehabilitation and revival package in respect of the existing public sector undertakings will be considered, my government will be open to disinvestment of sick units on the basis of merit.
 

Hydel Power generation
Under the power sector, my government would work out extensive investment profile to utilize 100% of our hydro-power potential. We have already initiated projects in collaboration with reputed Power corporations to develop the stretch along the Teesta basin. I am happy to inform this House that Detailed Project Reports (DPR) in respect of the Teesta Stage II, III, IV and VI are already completed and pre-feasibility reports are ready in respect of various other mini hydel projects. In fact, seven mini hydel projects will be undertaken by the state government on its own and completed within three years, generating 40 MW of electricity.
Simultaneously massive up gradation and improvement of the transmission and distribution network are being taken up under funding from the DONER and Non Lapsable central pool of resources (NLCPR)the 132kv transmission line linking Rongli to Meli and establishment of a 100 MVA /32/66 KV sub -station cum switch yard at Meli have also been completed. These development will facilitate integration of skim with the transmission network in the eastern region. The 132 KV transmission line will enable the state to tap its allotted share of central sector power from the eastern region which is of the over of 73 mw and also enable export of Surplus power from the state. Further progress is under way at lower Lagyap power station where the construction of a 100MVA/132/66KV sub-station is being taken up essentially as an infrastructural support for the upcoming industrial units in the State. We are venturing into and as of today, we have already awarded eight projects to commitment to augment power generation of 4000 mw by 2015 under the national hydel capacity addition programme will be achieved.
 

Human Resource Development
In the sphere of human resource development, our thrust will continue to be directed at bringing about tangible improvement in the quality of education. We firmly believe that the level of socio-economic progress of a State and the quality of the life of the people primarily depends on the level of literacy prevailing. The literacy rate which was 51% in the 1994 now records about 70% with a sharp decline in the drop-out rate 25-30%. In order to make higher education widely and easily accessible, we are going to establish colleges in Rhenock and Geyzing apart from a Science College in Soreng. Given the salubrious environment and peaceful atmosphere prevailing in the State, there is abundant scope for developing institutions of higher learning in the state. My Government will take necessary initiatives to facilitate these developments through private sector participation.
We have a long term vision to set up a Central University in the State with learning centres basically focusing on hill and mountain studies, eco-tourism, bio-technology, livestock, natural resources and knowledge-resource management. Some of these include Himalayan Centre for Adventure Tourism, Mass Communication, Advanced Centre for Medicinal Plants and Biotechnology, eco-friendly tourism management centre, Institute of Fashion Designing etc. The coming up such institutions will generate sizeable demand in goods and services besides creating employment opportunities in the State. There is a clear realization in our mind that next to Hydel Power and Tourism sectors, creation of a network of educational institutions will have a far-reaching impact in increasing the tempo of economic development of the State.
Keeping in view the emerging demand for technical manpower particularly in the service sectors, due care will also be given in promotion of vocational education. The two polytechnics which were set up under World Bank assistance have been running since 1999 and construction of physical infrastructure for these two institutions is in advance stage of completion.
 

Sikkim Research Fellowships
In order to raise the standard of higher education and also to build intellectual capital in the State, our Government will now sponsor Sikkim Research Fellowships in seven eminent Universities located in 7 different corners of India. These will include Calcutta University, Chenai University, Banglore University, Jawaharlal Nehru University, Mumbai University, Banaras Hindu University and North Eastern Hill University. These fellowships will be equivalent to University Grants Commission's Junior Research Fellowships. These will be primarily used by the Sikkimese students to do research preferably on issues related to Sikkim. We propose to name these Fellowships after the eminent Sikkimese. If we are able to initiate the process in this academic year, by 2010 we expect to have at least seven PHDs in Sikkim in various streams and after that every year we will have a fresh crop of scholars and academics. I therefore, invite our young scholars to take note of this opportunity.
I propose an allocation of Rs 19 lakhs for institution of these fellowships in coordination with the respective Universities. The Department of Human Resource Development will carry out this task urgently.
We have the unique distinction of providing free education to our children in the country. For children at the elementary level, we have provided everything free of cost primarily to encourage more enrollment and less drop-outs. To further our cause, the Government shall henceforth make provision for free supply of school bags and rain coat to all the primary students in the schools.
 

Health Security
In the area of medical and health care, we have taken new initiatives by launching the scheme of providing Universal Health Insurance Cover for people below poverty line. For this purpose, the State Illness Assistance Fund has been established with the Central Government matching 50% of the contribution made by the State. This corpus fund will be used for providing monetary assistance to BPL patients in need of specialized treatment. In addition, the Mediclaim scheme for government employees is also under active consideration of the Government. We have one of the best rural health care infrastructure in the country and have achieved the national norm of establishing one PHC for a population of 20,000 and one PHSC for population of 3,000. The central facility at the STNM hospital is already upgraded and linked up with the AIMS through telemedicine connectivity. The basic health indices of the State depict an encouraging trend. In respect of infant Mortality Rate, it is heartening to note that the IMR has dropped to 34 deaths per 1000 live births as compared to 60 in 1991. The sex ratio in the age group of 0-6 years stands at 963 as compared to the national average of 927. While the total fertility rate is 2.7 as against the national average of 2.85, the index for immunization coverage is 89.7% compared to the national average of 80%. We are the first state in the country to undertake Hepatitis B vaccination for children free of cost. We believe that the essential attribute of a healthy human being depends on a balanced combination of mental alertness and physical fitness. My Government will carry for forward the dialogue with the Government of India for construction facilities. The teaching hospital under the Manipal Inststitution of Medical Science is being strengthened under the management of the Sikkim Manipal University and the long imbroglio with the Medical Council of India with regard to clearance for the Medical College has since been resolved.
 

Value Added Tax
A policy decision has been taken by the Government of India to introduce value Added Tax (VAT) across the country with effect from April 1, 2005. This is in pursuance of a consensus decision arrived at by the Empowered Committee in which Finance Ministers of all States and Union territories are represented. Accordingly, the State is all geared up to implement this scheme from the scheduled date and for this purpose legislation of VAT has also been framed. The rationale behind the introduction of VAT is very obvious. Firstly, under the existing system of sales tax, there is multiplicity of tax elements in the form of turnover tax, surcharge on sale tax, additional surcharge, central sales tax, entry tax, octroi, etc. all of which create a cascading effect on the final cost of goods being sold. Under the VAT regime, there will be harmonisation of sales tax rates through the adoption of floor rates that will be uniformly applicable throughout the country. This will also prevent sales tax wars among the States and Union Territories. Secondly, the VAT system will have in-built mechanism officials. Under the scheme of things, the dealers will be entitled to input-credit claim, against purchase of inputs while filing their sales tax returns. Besides, small business enterprises will be kept outside the purview of VAT and thereby free from tax hassle. Thirdly, the consumers will also stand to benefit under the VAT system in term of goods being buyable at lesser cost due to abolition of multiple taxation. Fourthly, the introduction of VAT will contribute significantly in reducing leakage and tax evasion thereby improving better revenue collection for the Government. And lastly the neutrality of the tax factor in the production process that will be brought about under VAT encourages horizontal expansion of industries in the form of growth of ancillary units. With the introduction of VAT, there will be some degree of revenue loss from sales tax in the initial phase. To off-set this, the government of India has agreed to compensate for three years on a diminishing basis with 100% on the inception year followed by 75% in the second year and 50% in the third year. The Union Finance Minister has released the White Paper on VAT in January 2005 and with this the path has been cleared for implementation of VAT.
 

State Human Rights Commission
Hon'ble Members will appreciate that the task of running the Government is Herculean. This is particularly so when you have set a high standard of both norms of governance, political pronouncements and policy interventions. We have upheld all the democratic values and have respected human rights and dignity of every one with equal zeal and fervour. In the government also we have been the strongest votary rule of law. Every one is equal in the eyes of law.
Therefore, in continuation of the announcement of the last budget made in September 2004 we now would like to appoint the Sikkim State Human Rights Commission and also set aside a separate fund for its functioning. Let me again repeat that this Commission would exami8ne the cases of human rights violations including by the government, political parties, social organizations and religious groups in the State and check the growth of such practices through appropriate legal means. Out Government has been the harbinger of democracy in Sikkim. This would further strengthen democratic institutions and promote democratic values in the state.
 

Municipal elections.
Preparatory steps for municipalization of urban areas have already been initiated and Government is being fully geared up to hold elections shortly. This is a constitutional requirement under the 74th Constitutional Amendment. Demarcation of the geographical jurisdiction of urban settlements has been carried out. It is proposed to set up local urban bodies in townships with more than 5000 population and with area covering at least 50% non-agriculture land. The Municipal Act will also be formulated which inter-alia will ensure that the local agenda for environmental protection is fully addressed. Other aspects that will be incorporated in this legislation encompass issues such as financial sustainability, transparency and accountability, local taxes, checks on corruption etc. The Act will be so designed as to enable the local bodies to function independently and also ensure that they are people responsive, efficient, effective and financially sustainable. Further it will be ensured that the local bodies are made in manner that they are fully representative of all communities and that provision for one-third reservation for women is duly ensured.
Hon'ble Speaker Sir, I am aware of some impending criticism that may be leveled against us by those who oppose change and reforms and those who are eternally obsessed with criticizing others. However, we all are aware of the fact that without laws and regulations human behavior cannot be regulated evenly to establish a decent environment to live in. Indeed, one great scholar has once said, "Laws are made by man for man. Law has not created man but man has created law for his own happiness".


Youths: Our prime Resources
Youth in the State are our prime resources. They are our future. They would determine our destiny in the next 20-60 year my government fully appreciates the role and potential of our youth and the contribution they are capable of making in the nation building process. Our government has been very extensively and consistently working for all round development of our youth. We would like to make them as our development focus. This is why we have declared the year 2005 as the youth revolution year in Sikkim. We want all our youth to be gainfully employed. We want to create environment and opportunities for our youths to harness their talents and latent capabilities. We want our youths to be the leader both nationally and internationally in various fields. We want our youths to promote our own culture while learning positive aspects of other cultural practices.
The potentials and resources of our youths need to be fully mobilized and channelized in a constructive manner and the government will need to create an enabling environment for the youths to be enlightened, introspective and independent citizens who can recognize their predominant role in shaping the destiny of the country. We want to promote youth force in the State through different capacity building trainings in areas like tourism and trade related business, hydel power and biotechnology. It has become increasingly necessary to do so, lest all opportunities so generated would go untapped and unutilized in the absence of trained manpower.
My Government aspires to make Sikkim a human paradise by building a knowledge-based society so that the State will gradually emerge to be a knowledge resource capital State. The role of out youths as active and competent partners in the context of the multiplicity of economic players involved in the state's socio-economic development is indisputable. In today's highly competitive world, our youths can ill-afford to be dependent on easy handouts from the government. Out youths need to be more proactive and interactive with institutions and technology houses thereby contributing to the nation buildings.
In the past, we have launched various programmes including in education, sports, health, employment, tourism, intellectual activities, industries and many other areas that directly impinged upon the youth and their aspirations. We have created a large number of job opportunities for the youths both in the governmental and non-governmental sectors.
We launched Chief Minister's Self Employment Scheme (CMSE), Skill Development Fund, Incentives to Promising Sportspersons and various other schemes. We would continue all these programme with more vigour and speed.
For the benefit of enterprising and hardworking youths, we are now further introducing the following specific programmes for the youths.
i) Career Development Fund (CDF) of Rs 2 crore which can be accessed and used by all the graduate unemployed students/youths of Sikkim. The CDF will be provided as a one-time assistance for coaching classes and other counseling services anywhere in the country with an upper limit of Rs 6000/- per person. It will be conducted by a State Level Committee under the Department of Personnel which is being soon set up. Students desirous of making use of these funds could do so from March 2005 onwards.
ii) CMSE Programme Phase II will be launched in this fiscal year. Under the Scheme, the government would encourage youths to take up all kinds of productive schemes with three-fold objectives. Firstly, all such schemes would focus on generation of more employment avenues for our people and secondly they would also carry forward our mission to develop our state in its entirety. And thirdly, together with creation of employment the programmes will be a stable source of additional revenue generation for the State.
iii) Sikkim Youth Technologists (SUTs) Programme with Rs 1 crore is primarily for those entrepreneurial youths who would like to upgrade their technical and technological skills in very specific fields.
 

Sikkim in NEC
The inclusion of Sikkim in the family of the North Eastern States has opened a new chapter in the socio-economic development of the entire region. This union will not only facilitate cross-regional partnership and meaningful cooperation which will promote mutual benefit among member states but will also enable member states to achieve a strong sense of solidarity. So far the North East Council has sanctioned projects involving an investment of about Rs. 25 crores. The State Government is now taking appropriate measures to formalize all the required institutional linkages with the Council. We have posed a shelf projects involving an investment of about Rs. 235 crores to be Council for consideration. We fully recognize the significance of the North East region in India's Look East Policy particularly in the context of the geographical contiguity of the sub-region with Bangladesh, Nepal Bhutan, Myanmar, Thailand, Malaysia and Singapore.
 

Sikkim - an oasis of peace
The Stability of a Government provides the right condition to facilitate economic progress and development of any state. The law and order situation in the state continues to hold an excellent record. My Government takes pride in the fact that we have been able to provide a comprehensive security cover for the state and the entire country in terms of ensuring environmental security, human security and defense security. Our police force have always displayed a high degree of alertness and vigil and have been swift in successfully averting any situation of a fall out in the law and order front. However, being a safe haven, our state is vulnerable to outlawed outfits. We are fully conscious of these threat perceptions and will continue to remain on high alert. Apart from militant outfits belonging to the ULFA, KLO and NDFB, we are also not oblivious of the threat triggered by the political development in the neighboring country of Nepal. All these developments entail massive upgradation and improvement in our overall intelligence network and modernization and strengthening of our border management system. I have posed these sensitive issues to the Union Home Ministry and during the recent meeting of the North East Chief Ministers under the Chairmanship of the Union Home Minister in Guwahati, I had the occasion to reiterate our demand for a 'peace bonus'' of Rs 1000 crores for Sikkim which will essentially be utilized to beef up our internal security system and undertake a comprehensive modernization and upgradation of our infrastructure.
In my presentation, I have highlighted some salient features of the budget and outlined the broad strategies and policy thrust envisaged in our developmental profile. Coming to the finer details of this budget that I now present before this august House, I would like to briefly apprize the Hon'ble Members on the scheme of financing the total budgeted expenditure for the year 2005-06 amounting to Rs 2246.79 crores of which an amount of Rs 500 crores is accounted under the Plan side and Rs. 1504.85 crores under the Non-plan account. Out of the plan allocation of Rs. 500 crores, an amount of Rs 30 crores has been set aside to tide over the non plan gap. The total budgeted expenditure above includes provisions under Centrally Sponsored Schemes, Non-Lapsable Pool, North Eastern Council as well as recoveries which will be adjusted subsequently as reduction in expenditure. These projections have been arrived at with due consideration being given to the various packages of policy intervention that have been proposed by my government on the fiscal front. We are deeply committed to implementing major fiscal reforms and to the observance of outmost prudence in fiscal administration. As already mentioned and rationalized restructuring and expanding the tax base as also by instituting appropriate measure to narrow down revenue loss caused by tax evasion. The scope of augmentation of internal revenue form various non-tax sources is considerable and keeping that in mind, conscious steps will be taken to identify newer sources of revenue collection. Wherever feasible, user charges will be introduced with due care being given to bring about and ensuring qualitative improvement in the standard of services.

The broad details of schemes of financing the annual plan size of Rs. 500 crores has been summarized below:

1 State's Own Resources Rs. 69.47 crores
2 Central Assistance Rs. 430.53 crores
3 Aggregate Plan resources Rs. 500.00 crores

The figures representing the State Own Resources include an amount of Rs. 21.49 crores as contribution form Additional Resource Mobilization measures. Hon'ble Members will, therefore, appreciate the inevitability on the part of the Government to enforce conscious measures on the fiscal reforms front in order to fulfill our commitment as regards to the agreed scheme of financing of the State Annual Plan size of Rs. 500 crores. The other component of the State's Own Resource Estimate include Rs. 20 crores from the State Provident Fund Account Rs. 13.36 crores from the Special Grants under the Twelfth Finance Commission, Rs. 10 crores from loans under Small Saving Scheme, Rs. 11.54 crores from net Market Borrowings and Rs. 18.08 crores under Negotiated Loans which comprise institutional borrowings form LIC, NIC and NABARD. Further, the component on account of NET Capital Receipts which constitute the amount intended to meeting the State's debt repayment obligations has been fixed at (-) Rs. 25 crores.
The amount approved as the Central Assistance component in the financing pattern comprises Normal Central Assistance of Rs. 307.75 crores, Additional Central Assistance for Externally Aided Projects amounting to Rs. 32.00 crores and Additional Central Assistance for other Special Programmes for which an amount of Rs. 90.78 crores has been allocated. The Additional Central Assistance for the Special Programmes have specific earmarked provisions as under:

1 Prime Minister's Gramodhaya Yojna. Rs. 30.00 crores.
2 Accelerated Irrigation Benefit Programme. Rs. 1.50 crores.
3 Slum Development. Rs. 1.00 crores.
4 Boarder Area Development Programmes. Rs. 5.72 crores.
5 Tribal Sub-Plan. Rs. 0.97 crores.
6 Roads and Bridges. Rs. 1.06 crores
7 National Social Assistance Programmes. Rs. 1.91 crores
8 Nutrition Programme for Adolescent Girls. Rs. 0.14 crores
9 Grants in Aid Under Article 275 (1). Rs. 0.37 crores
10 Initiative for Strengthening of Urban Infrastructure. Rs. 0.10 crores
11 Rashtriya Sam Vikas Yojna. Rs.15.00 crores
12 Accelerated Power Development and Reforms Programme. Rs. 19.46 crores
13 National E-Governance Action Plan. Rs. 0.55 crores.
14 One time Additional Central Assistance for schemes of Special importance to the State. Rs. 13.00 crores
 
TOTAL
Rs. 90.78 crores 

In the financing of the total budgeted expenditure of Rs. 3713.86 crores for the budget year, Rs. 2062.54 crores has been projected as the Gross Revenue Receipts and Rs. 1772.79 crores as Gross Revenue Expenditure. The budget, there, presents a revenue surplus figures of Rs. 289.75 crores. In my projection for Gross Revenue Receipts, an amount of Rs. 102.50 crores is attributed to collection from tax revenue sources and Rs. 992.78 crores from non-tax revenue sources. In the budget, a provisional amount of Rs. 147.61 crores has been provided for on account of allocation for Centrally Sponsored Schemes, Rs. 41.96 crores envisaged under North East Coucil, an amount of Rs. 70.47 crores under the Non-Lapsable Pool and Rs. 1478.97 crores under Public Account.
The details of the receipts and disbursement envisaged in the budget for the fiscal year 2005-06, is summarized below:

A RECEIPTS
(Rs in crores)
1 States Revenue
(a) Tax Revenue
(b) Non-Tax Revenue
102.5

992.78

2 Grant in Aid from Government of India
815.87
3 Sharable Tax from Government of India
151.38
4 Loans from other other Institution
29.62
5 Loans from Central Government
70.18
6 Recoveries of Loans and Advances
1.11
7 Public Account
1499.19
 
TOTAL RECEIPTS
3662.63 
B DISBURSEMENT (EXCLUDING RECOVERIES)
(Rs in crores)
1 Grant in Aid from Government of India
470.00
2 Sharable Tax from Government of India
147.61
3 Loans from other other Institution
70.47
4 Loans from Central Government
41.96
5 Recoveries of Loans and Advances
1504.85
6 Public Account
1478.97
 
TOTAL DISBURSEMENT
3713.86 
C Years Deficit
(-)
51.23
D Opening Balance (2005-06)
(+)
51.74
E Closing Balance (2005-06)
(+)
0.51

Mr. Speaker Sir, we have set a target of growth rate of 10% in the Tenth Plan. This will entail a great deal of dedication, discipline and hard work on the part of the Government to consolidate the good investments made so far and rededicate all our resources to carry forward the pace of progress in every socio-economic spheres of development. In the inter-state ranking, we have been positioned in the top ten States in the country in terms of various performances indexes. Our endeavor will be aimed a bettering our position to emerge as the Best Performing State in the entire country. With this vision in perspective, I solicit the cooperation, support and dedicated commitment of all Hon'ble Members in implementing the development policies adopted by the Government for the upliftment and betterment of the State's Economy and in improving the well being of the people.
Hon'ble Speaker, I hereby conclude my presentation and place the Budget for the fiscal year 2005-06 for the consideration.
Thank you.