The correct answer is: All of the above.
Branding Sikkim as a destination for sustainable and ethical products can increase its appeal in niche markets, fetch higher prices for its exports, and support traditional livelihoods.
Sikkim is a beautiful state in India with a rich culture and history. It is also a very sustainable state, with a strong focus on organic farming and renewable energy. Branding Sikkim as a destination for sustainable and ethical products can help to increase its appeal to tourists and businesses alike. This can lead to increased tourism and investment, which can help to support the local economy and create jobs.
In addition, branding Sikkim as a destination for sustainable and ethical products can help to fetch higher prices for its exports. This is because sustainable and ethical products are often seen as being of higher quality and value. This can help to boost the state’s economy and support traditional livelihoods.
Overall, branding Sikkim as a destination for sustainable and ethical products can have a number of positive benefits for the state. It can help to increase tourism and investment, create jobs, and support traditional livelihoods.
Here are some additional details about each of the options:
- Option (a): Increasing its appeal in niche markets. Sustainable and ethical products are becoming increasingly popular, especially among millennials. Branding Sikkim as a destination for these products can help to attract more tourists and businesses to the state.
- Option (b): Fetching higher prices for its exports. Sustainable and ethical products are often seen as being of higher quality and value. This means that Sikkim can fetch higher prices for its exports if it is able to brand itself as a destination for these products.
- Option (c): Supporting traditional livelihoods. Sustainable and ethical agriculture can help to support traditional livelihoods in Sikkim. This is because it can help to reduce the use of pesticides and fertilizers, which can harm the environment and the health of farmers.
In conclusion, branding Sikkim as a destination for sustainable and ethical products can have a number of positive benefits for the state. It can help to increase tourism and investment, create jobs, and support traditional livelihoods.