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  Published Paper Details:

  Paper Title

“ECONOMIC ANALYSIS OF CHIEF MINISTER’S START-UP SCHEME IN SIKKIM” (Year 2017-2018)

  Authors

  Namsa Hang Limbu

  Keywords

Keywords: Chief Minister Start-up Scheme (CMSS), OLS, Sikkim,

  Abstract


Abstract: Chief-Minister Start-Up Scheme (CMSS) of Sikkim was started in the year 2017. The aims of the scheme are to give an emphasis is on giving employment opportunity as well as to enhance the entrepreneurial skill among the dropouts and the educated unemployed youth of the state. The Scheme provided financial assistance, with subsidies, to the individuals who are unable to start their particular business. The study is based on both primary data collected from the well-designed questionnaire and also on Secondary data and information which is collected from the Commerce and Industry Department, Government of Sikkim. To meet the objectives, the OLS Estimation, Regression analysis and Descriptive Statistics are being used. As per the analysis the maximum amount sectioned to individual is Rs. 20lakhs and Minimum Amount is Rs.470000. In the scheme CMSS, participation of the is male Population is 81.66 Percentage out of 100percent and Female Participation is 18.33 9ercent. Among all the activities more amount is sanctioned for Commercial Taxi. Maximum Net Income for beneficiaries is Rs.80000 Per month and minimum is Rs. 7000 per month generated through the scheme. As per the study the percentage of participation of senior secondary is 46 percent out of 100Percent which is highest and second is 32percent from Graduate, 15percent from high school and 7percent from postgraduates. By testing it has found that the education and age have high significance on the income generation. According to the Survey information found that maximum beneficiaries is among age group between 20-30years which means the young participation is more in the scheme. Among all, the total male employment generated under the scheme is 72.72percent and female employment is 27.22 percent. It is found that in both cases the participation as well as employment creation the male population is more than the female.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2210097

  Paper ID - 225602

  Page Number(s) - a823-a833

  Pubished in - Volume 10 | Issue 10 | October 2022

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Namsa Hang Limbu,   "“ECONOMIC ANALYSIS OF CHIEF MINISTER’S START-UP SCHEME IN SIKKIM” (Year 2017-2018)", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.10, Issue 10, pp.a823-a833, October 2022, Available at :http://www.ijcrt.org/papers/IJCRT2210097.pdf

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ISSN: 2320-2882
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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