Bank-Led Credit for Enterprise in Pakyong, Sikkim

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

Pakyong, Sikkim · Pillar: Economic Participation

Pakyong's credit-deposit ratio stands at 49.1, behind the typical district. 21.6% 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.

  • 49.1 India 77.5
  • 21.6% India 62.4%

Youth opportunity in Pakyong

79% of registered enterprises are in services while 21% are in manufacturing. Only 1% of employment is in small and medium enterprises. 68% of school-age children are enrolled in higher secondary school (classes 9–12).

In Pakyong, which ranks 1 of 6 in Sikkim for youth opportunity, the overall opportunity score is 59 out of 100. It runs ahead of the national picture on bank branches per lakh people at 26.7.