TODAY -

Brainstorming session held
Source: The Sangai Express / DIPR

Imphal, June 02 2017: A one-day brainstorming session on the theme 'Additional Resource Mobilization in Manipur' was held today at Institute of Co-operative Management, (ICM), Lamphel pat.

The discussion programme was organised by the Steering Committee constituted by the Department of Planning, Government of Manipur.

M Luikham, Director, Commerce and Industries, O Biren, former Director, Economics and Statistics, Prof N Mohendro, chairman, Steering Committee and Dr N Ranjana Devi, Director, ICM, Lamphelpat chaired the briefing session as resource persons.

High ranking officials of the Department of Commerce and Industries and Forests, faculties of Manipur University and its affiliated colleges, entrepreneurs, intellectuals and other concerned officials participated in the brainstorming session.

O Biren said that as per 2016-17 Budget estimate, State's tax income consists of 3.9 % which is about Rs 667.20 crore while the non-tax income is about 5.67% which is about Rs 199.22 crore.

The State's share out of the Central tax is 14.34% which is equal to Rs 3561.89 crore while income from other resources of the Government of India is 76.02% which is equivalent to Rs 4947.39 crores.

Stating that due to small non-tax utilisation in Manipur, there is a need for additional finance, he mentioned the main sources of the State's tax as land revenue, State's Excise duty, sales tax, stamp and registration, electricity, entertainment tax, professional tax, taxes on vehicles, taxes on passengers and goods, agriculture and income tax, urban immovable property tax and others that include the Hill-House Tax.

"As the Planning Unit of the State is not performing its duties for proper documentation, we cannot update information if we don't have a documentation cell in each Dept without which the calculation of the exact IIP is not possible," O Biren said.


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