Finance Minister Nirmala Sitharaman presented the Manipur budget for 2025-26 in the Lok Sabha on Monday, outlining an expenditure plan of ₹35,103.90 crore. This marks an increase from the previous year's allocation of ₹32,656.81 crore.
The budget comes at a time when the state is under President's Rule, with legislative powers being exercised by Parliament.
While presenting the budget, Sitharaman highlighted the state's financial roadmap for the upcoming fiscal year.
The total receipts are estimated at ₹35,368.19 crore, which is higher than the ₹32,471.90 crore recorded in the current financial year. The capital outlay has also seen a significant rise of 19 per cent, reaching ₹7,773 crore.
The Finance Minister sought a "Vote on Account" for the first six months of the financial year 2025-26. This ensures that essential government functions continue smoothly until the full budget is passed.
A key focus of the budget is on capital investment, social welfare, and relief measures for those affected by displacement. Over ₹2,000 crore has been earmarked under the Special Assistance to States for Capital Investment (SASCI), while ₹9,520 crore has been set aside for social sector initiatives.
The budget also prioritises relief and rehabilitation efforts for internally displaced persons. An allocation of ₹15 crore has been made for temporary shelters, while ₹35 crore will be used to provide permanent housing for displaced families.
Additionally, ₹100 crore has been reserved for relief operations, and ₹7 crore has been allocated for compensation.
Security remains an important aspect of the budget, with ₹2,866 crore set aside as incentives for police personnel posted in sensitive areas. These funds are expected to help maintain law and order and support those working in challenging conditions.
The fiscal deficit for the year is estimated at 3.42 per cent of the Gross State Domestic Product (GSDP), while the total outstanding debt is projected to be 37 per cent of the GSDP. These figures indicate the state's financial standing and borrowing patterns.
Along with the budget presentation, Sitharaman also tabled the supplementary demands for grants for the year 2024-25. In the original Budget Estimate for 2024-25, the total expenditure was set at ₹34,899 crore. However, the Revised Estimate for the same year has now been adjusted to ₹32,657 crore.
Revenue and capital receipts have also undergone revisions. Initially estimated at ₹27,716 crore and ₹7,099 crore, respectively, these figures now stand at ₹24,374 crore and ₹8,098 crore in the Revised Estimates. The fiscal deficit for 2024-25 has been projected at 4 per cent of the GSDP.
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