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Himalayan Headache: Why Sikkim’s fiscal deficit is a problem

Sikkim’s fiscal health came under increasing pressure in 2024-25 as its fiscal deficit breached statutory limits, public debt edged above the prescribed ceiling, and off-budget liabilities crossed Rs 1,295 crore, even as the Himalayan state recorded double-digit economic growth and maintained a revenue surplus, according to the latest report of the Comptroller and Auditor General […]