- NEW DELHI — Finance Minister Nirmala Sitharaman on Monday tabled in the the Manipur budget for 2025-26, envisaging an expenditure of Rs 35,103.90
crore, up from Rs 32,656.81 crore in the current financial year.
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- The state is currently under the President's Rule.
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- "Consequent to the Proclamation issued under Article
356 of the Constitution on the 13th February 2025, the powers of the
Legislature of the State of Manipur are exercisable by or under the authority
of Parliament," Sitharaman said while tabling the Manipur budget 2025-26.
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- The total receipts have been pegged at Rs 35,368.19 crore,
up from Rs 32,471.90 crore in 2024-25.
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- According to documents, the capital outlay has been
increased by 19 per cent to Rs 7,773 crore over the current financial year
ending March 2025.
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- "I am at this stage, seeking a 'Vote on Account' for
the first six months of the financial year 2025-26," the Union Finance
Minister said.
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- The Manipur's budget provides over Rs 2,000 crore under
Special Assistance to States for Capital Investment (SASCI) and Rs 9,520 crore
for social sector outlay.
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- For relief and rehabilitation of internally displaced
persons, Rs 15 crore has been provided for temporary shelter to them; Rs 35
crore towards housing for displaced people, Rs 100 crore for relief operation,
and Rs 7 crore for compensation.
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- A budgetary allocation of Rs 2,866 crore for 2025-26 has
been made towards incentives for police personnel posted in sensitive areas.
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- The fiscal deficit is estimated at 3.42 per cent of the
GSDP. For 2025-26, the total outstanding debt as a percentage of GSDP is
projected at 37 per cent.
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- Sitharaman also tabled the supplementary demands for grants
in respect of Manipur for the year 2024-25.
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- In the Budget Estimate (BE) 2024-25, the total expenditure
was estimated at Rs 34,899 crore. This has been revised to Rs 32,657 crore in
2024-25 Revised Estimates (RE).
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- Revenue and capital receipts were estimated at Rs 27,716
crore and Rs 7,099 crore, respectively, in BE 2024-25.
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- This has now been revised to Rs 24,374 crore and Rs 8,098
crore, respectively, in RE 2024-25.
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- The fiscal deficit for RE 2024-25 is projected at 4 per cent
of the GSDP.
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