The correct answer is: d) All of the above
Cluster-based growth is a strategy that focuses on developing a group of related businesses in a particular location. This can be done by providing incentives to businesses to locate in a particular area, or by providing infrastructure and support services that are tailored to the needs of the cluster. Cluster-based growth can help to promote innovation and collaboration between businesses, and can also help to attract investment and create jobs.
Value addition to local resources is the process of increasing the value of a product or service by adding new features or functionality. This can be done through manufacturing, processing, or marketing. Value addition can help to increase the competitiveness of a product or service, and can also help to create jobs and boost economic growth.
Skill development aligned with industry needs is the process of providing workers with the skills and knowledge that they need to be successful in the workforce. This can be done through formal education, on-the-job training, or apprenticeships. Skill development can help to improve productivity and competitiveness, and can also help to reduce unemployment and poverty.
All of these strategies are important for promoting balanced industrial development in Sikkim. Cluster-based growth can help to attract investment and create jobs, value addition to local resources can help to increase the competitiveness of Sikkim’s products and services, and skill development aligned with industry needs can help to improve productivity and competitiveness.