Bank-Led Credit for Enterprise in Gangtok, Sikkim

Pillar: Economic Participation

Gangtok's credit-deposit ratio stands at 40.7, behind the typical district. 43.2% of credit goes toward productive, non-personal use, behind the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.

Youth opportunity in Gangtok

82% of registered enterprises are in services while 18% are in manufacturing. Only 7% of employment is in small and medium enterprises. Only 40% of school-age children are enrolled in higher secondary school (classes 9–12). Only 11% of ITI trainers are certified.

In Gangtok, which ranks 3 of 6 in Sikkim for youth opportunity, the overall opportunity score is 57.5 out of 100. It runs ahead of the national picture on bank branches per lakh people at 38.1.

Mandated services and how to locate the Bank-Led Credit for Enterprise in Gangtok are in the Gangtok district course and the English reference guide (Hindi). See the Gangtok youth opportunity scorecard for the full district picture.