During 2002-07, the 10th Fiver Year Plan, the Sikkim Government granted industry status to the tourism sector.
What is so big about it?
The industry status may set a pace for healthy development and growth of the sector by facilitating:
- Minimum wage for the sector employees
- Organized business
- Policy formulation and reforms
- Regulatory framework
And the Sikkim tourism sector may become eligible for several things, including
- Different types of concessions
- Financial support
- Other incentives given to the existing industries, including subsidiaries, tax incentives…