Prioritizing Sectors for Economic Development in Sikkim, India

Manjushree Mishra and Ajeya Jha
Additional contact information
Manjushree Mishra: Department of Management Studies, Sikkim Manipal Institute of Technology, Majitar, Sikkim, India
Ajeya Jha: Department of Management Studies, Sikkim Manipal Institute of Technology, Majitar, Sikkim, India

International Journal of Asian Business and Information Management (IJABIM), 2014, vol. 5, issue 2, 59-73

Abstract: Sikkim, a mountainous state in the Himalayas joined the democratic mainstream of the Indian Union in 1975. It has made enormous progress in planned economic development since then. Mountainous terrain and lack of reliable transportation and infrastructure does not allow establishments of large scale industries. Agriculture, dairy farming and cottage industries have limited scope of expansion. Hydro-electricity generation, pharmaceutical, tourism and tea appear to be promising and fastest growing economic sectors. Thus, these four growth sectors have been considered for evaluation. Six major criteria (such as Installation Cost, Return on Investment, Sustainability, Social Acceptance, Environment Friendliness, and Future Demand) were appropriately selected have been considered for evaluation of these alternatives for prioritising these economic sectors. The alternatives were subjected to pairwise comparison using the Analytic Hierarchy Process (AHP) so as to arrive at objective conclusions. The analysis of selected economic sectors and findings has been discussed in this article.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve. ... 18/ijabim.2014040105 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:igg:jabim0:v:5:y:2014:i:2:p:59-73

Access Statistics for this article

International Journal of Asian Business and Information Management (IJABIM) is currently edited by Patricia Ordóñez de Pablos

More articles in International Journal of Asian Business and Information Management (IJABIM) from IGI Global
Bibliographic data for series maintained by Journal Editor ().