Bank-Led Credit for Enterprise in Mangan, Sikkim

Not one office: every bank branch in the district carries MUDRA, PMEGP, and Stand-Up India loans for small enterprises.

Mangan, Sikkim · Pillar: Economic Participation

Mangan's credit-deposit ratio stands at 60.7, behind the typical district. 13.5% 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.

  • 60.7 India 77.5
  • 13.5% India 62.4%

Youth opportunity in Mangan

70% of registered enterprises are in services while 30% are in manufacturing. Only 2% of employment is in small and medium enterprises. Only 45% of school-age children are enrolled in higher secondary school (classes 9–12).

In Mangan, which ranks 6 of 6 in Sikkim for youth opportunity, the overall opportunity score is 50.7 out of 100. It runs ahead of the national picture on bank branches per lakh people at 31.3.