Manipur likely to suffer tax losses of Rs 800 Cr
CM presents Budget Estimates for 2024-25

Source: The Sangai Express

Imphal, February 28 2024: The Government remains committed to safeguarding the territorial integrity of Manipur and protecting the lives of all its citizens, said Chief Minister Biren Singh as he addressed the 5th Session of the State Assembly today.

Presenting the Budget Estimates for 2024-25 (Vote-on-Account), N Biren said this financial year has been one of the most challenging years the State has faced.

He grieved the loss of lives and saluted the "brave security personnel" who have laid down their lives and got injured in the line of duty.

Reflecting the socio-economic impact of the present violent conflict in Manipur that has crossed 9 months and 26 days, N Biren said the State may suffer tax losses to the tune of Rs 800 crore this year.

"As per our calculation, we may suffer tax losses to the tune of Rs 800 crore this year.

"This does not include the overall impact on the economy of the State.

The actual impact will be known when the State GDP figure is finally reconciled with the Government of India," N Biren said.

Amid the crisis, he said the Government has substantially increased expenditure on relief and security measures.

The State Government is in constant communication with the Central Government for additional support to help the State tide over the current resource shortage issues, he added.


The Budget proposed a total expenditure of Rs 34,040 crore out of the Consolidated Fund of the State.

Total Revenue Expenditure is estimated at Rs 20,246 crore and Capital outlay is estimated at Rs 8,155 crore.

The Fiscal deficit is estimated at Rs (-) 2344 crore.

This is (-) 4.45% of the GSDP (Gross State Domestic Product) .

The total outstanding debt for 2024-25 as a percentage of GSDP is projected at 32% .

The Gross State Domestic Product (GSDP) for 2024-25 is estimated at Rs 52,711 crore.

On Revised Estimate 2023-24, CM said, in the Budget Estimate 2023-24, total expenditure was estimated at Rs 35022 crore.

The total expenditure during RE 2023-24 has been revised to Rs 32591 crore.

Revenue receipts and capital receipts were estimated at Rs 27547 crore and Rs 6583 crore respectively in Budget Estimates 2023-24 .

This has now been revised to Rs 23627 crore and Rs 8000 crore respectively in RE 2023-24 .

All overall receipts and expenditure figures are inclusive of Ways and Means Advances and Repayments.

N Biren said taking into account all receipts and expenditures, the current year is expected to have a budgetary deficit of Rs (-) 962 crore in RE 2023-24 as against the deficit of Rs (-) 890 crore in BE 2023-24 .

The fiscal deficit for 2023-24 (RE) is projected at Rs (-) 2235 crore, which is (-) 4.91 % of GSDP.

In spite of limited revenue sources, the State Government has "not failed" to fulfil its promises.

During 2022-23, the State spent almost Rs 5793 crore on important social sectors.

This is an increase of about 20% in comparison to the previous fiscal year, N Biren said.

Fiscal year 2022-23 also saw higher expenditure on asset creation at Rs 3356 crore.

This is an increase of almost 100 percent from the expenditure incurred on the item during financial year 2017-18, the first year of the BJP Govt's previous term.

As Government expenditure accounts for more than 70% of our State Gross Domestic Product, it is "our commitment" to continue financing various activities to support the State's economy, N Biren said.

"We have shown that we are resilient despite the heavy odds and difficulties, and I believe that we will become stronger and better.

Challenges will come and go but how we respond to such challenges is what matters most," N Biren said as he expressed solidarity with people who have lost members of their families in the conflict.

Since the outbreak of unrest in the State, the Central Government has approved an amount of Rs 400 crore for immediate relief to the State, in addition to many other forms of support.

This immediate relief support includes daily rations, management of relief camps, construction of prefabricated structures, cash transfers for daily needs to inmates, nutrition and personal hygiene support etc, said N Biren.

The Government, he said, is also providing necessary support to rehabilitate those who have been affected by providing funds for construction and repair of permanent houses.

Compensation for crop loss for farmers has been approved by the Central Government, and is being disbursed through Direct Benefit Transfer, he said.

With security cover provided by 2,500 IRB personnel, agriculture activities in the fringe areas have been completed.

About 350 metric tonnes of Rabi crop seeds have been provided as alternative crops to farmers, who are residing in relief camps and affected by water scarcity.

In addition, the Government has announced a Farmer Livelihood Support Scheme, he added..

The Chief Minister also talked about various schemes and initiatives that have been taken up by the Government for people including students residing in relief camps.

While speaking on various schemes and projects, the Chief Minister dwelt on various Externally Aided Projects (EAPs).

While the State previously had 4 projects under implementation, loan agreements for 2 new projects have been signed, and another one is ready for signing, he said.

Advance procurement has started for one project and another 2 projects are in advanced stages of approval, he added.

The Lamphelpat Water Rejuvenation Project, with a cost of Rs 650 crore being funded by the New Development Bank, upon completion will serve as a reservoir for excess rainwater and prevent flooding in Imphal city to a large extent.

It will also serve as a water reservoir for emergency use, as well as provide a 'green open space' for recreational activities, he said.

In addition, the loan agreement for the Imphal Sewerage Project Phase-II has been signed this financial year.

The project cost is about Rs 1200 crore and will provide much needed sewerage services to the people living in the ever expanding and growing capital city, the CM said.

The upcoming projects, for which necessary approvals have been received and are in various stages include (i) Manipur Infotech Development Project, (ii) Sustainable Loktak Lake Restoration, Eco-Tourism and Livelihood Improvement Project (iii) Imphal Ring Road Project (iv) Manipur Urban Road, Drainage and Asset Management (Concrete roads) Project.

Overall, the total cost of the Externally Aided Projects which are ongoing and are ready amount to more than Rs 9000 crore, N Biren said.

N Biren Singh presented the Demands for Supplementary Grants for the year 2023�2024 amounting to Rs 3546 crore covering 26 Demands and 2 Appropriations.

* Comments posted by users in this discussion thread and other parts of this site are opinions of the individuals posting them (whose user ID is displayed alongside) and not the views of We strongly recommend that users exercise responsibility, sensitivity and caution over language while writing your opinions which will be seen and read by other users. Please read a complete Guideline on using comments on this website.

HEADLINES - 29, FEB 2024
  • Decrying non-initiation of action against assault and abduction of police officer...
  • Protests demand rollback of SoO
  • 219 killed so far in ongoing clash
  • Cong demands discussion on present unrest
  • TSA rebuffs KIM
  • Arms down stir leaves many vulnerable
  • Appoint new TA Minister : Naga MLAs
  • Infant returned to biological mom
  • Manipuri Sahitya Parishad Jiribam observes 51st foundation day
  • Integrated communication and outreach programme on SVEEP organised
  • Pariksha Pe Charcha programme conducted
  • Free heart disease screening camp held
  • Media sensitization workshop conducted
  • MoU signed to boost coopearative societies
  • Sit-in staged
  • NIA Court grants bail
  • Organisations submit recommendations
  • Chief Minister launches projects
  • Indian Army organises Ex-Servicemen rally
  • Sit-in, rally reiterate anti-SoO, pro-NRC stand
  • 10 Kuki MLAs skip session
  • Eight from state named for Sangeet Natak awards
  • CM tables ₹34,040 cr Budget Estimates
  • Economy in dire straits: Dr Chinglen Maisnam
  • Malem resumes hunger strike
  • CM urged to appoint new TA&H minister
  • KIM claim infuriates Thadou student body
  • MPS officers, commandos surrender arms
  • Ration supply to IDPs resumes
  • Governor underscores peace efforts, development
  • JSB appeals for normal functioning of DA
  • Heated arguments disrupt House on first day
  • Collective effort must to restore normalcy: TAKDAL
  • House condoles ex-Governor, members; crisis victims
  • Sit-ins demand NRC, SoO end; release of VDFs
  • Community leaders seek solution to crisis
  • SHRI conducts heart screening camp in Tripura
  • State observes National Science Day-2024
  • Senapati transporters agree to withdraw stir
  • Accused in Chingarel incident get bail
  • Illegal immigrants brought in for vote banks: Maheshwar
  • SAI bids farewell to retirees
  • Infant girl reunited with biological mother
  • Legal awareness camp for nurses held
  • MASTEC, NIELIT observe National Science Day
  • KUM to honour meritorious students
  • MSP celebrates 51st foundation day
  • Kanglei Food joins national fair
  • House handed over to bereaved family
  • Training on cereal crops conducted
  • Sit-ins protest bomb threat, gun attack
  • Blood donation camps conducted
  • ESM rally, meeting held In Senapati, Noney
  • Five-day workshop for IDPs begins
  • Search ops continue, weapons recovered
  • MLA inaugurates Kakching Ethel canal shutter
  • AR pays tribute, holds medical camp
  • Athoubasingi Numit #1 : Gallery
  • Violence in Manipur 2023-2024 : Timeline
  • Black rice & Glycemic Index
  • What Nadda should speak at Dimapur rally
  • Open Letter to CM Office Manipur
  • Meghalaya unveils Strawberry festival
  • Benefits of maths newspapers for students
  • Id-ul-Fitr @Hatta #1 : Gallery
  • Are you a good person ?
  • Physics Academy of NE : Executive Body
  • "ST status for Meetei" at Moirang
  • Cherrapunji Eastern Craft Gin launched
  • Cong on cautious path
  • Botox for Hair
  • Posers voters should raise now
  • The lull before the storm
  • 80th Anniv- Battle of Kanglatongbi @UK
  • Vir Chakra Ngangom Joydutta's bust unveiled
  • Hun - Thadou Cultural Festival : Gallery
  • "ST status for Meetei" at Singjamei
  • Election Eclipses: Ballad of Battle & Loss
  • Our voices are equal at the ballot box
  • Scientists of Manipur : Ngangkham Nimai
  • Urgent Call for Solidarity in Manipur
  • Meitei Nongsha #2 :: An Artwork
  • "ST status for Meetei" at Waikhong
  • About NPF-BJP-NPP alliance & why ?
  • World Veterinary Day, 2024
  • The heavy stake behind the LS polls
  • The politics of lying & deception
  • Sajibu Cheiraoba Chak Katpa #1 : Gallery
  • Hun-Thadou Cultural Fest @ Delhi: Report
  • Appeal to Parties & Candidates
  • "ST status for Meetei" at Wangoo
  • Establishment of community seed bank
  • Awareness Programme on new Criminal Laws
  • Make a right choice at the Lok Sabha election
  • Sajibu Cheiraoba: 1 occasion, 2 narratives #1
  • RIST talk-58 : Support systems of elderly
  • "ST status for Meetei" at Hiyanglam
  • Vote, do not boycott !
  • Lok Sabha election: A new dawn in politics ?
  • IIT-Guwahati Half Marathon report
  • Taking ST demand to the election ring
  • Lesson to be learnt from across border
  • Mirabai: Poised for Paris Olympics
  • Legal position for protection of environment
  • "ST status for Meetei" at Keisamthong
  • Heterocyclic compound & biochemical science
  • Inner, torn between two lovers
  • Certification Music Therapy Workshop
  • NOTA as a choice
  • Caesar's wife must be above suspicion
  • Descent of Radha-Krishna #29: Download
  • World Health Day 2024
  • "ST status for Meetei" at Pangantabi
  • The Power of Poppy - 26 :: Poem
  • Fulbright Fellowship Outreach at Arunachal
  • Id-ul Fitr da namaz nattana..
  • Nupi Landa Thaunaphabishing #13 :: Book
  • Lok Sabha election is coming, be prepared
  • 6th Hun-Thadou Cultural Festival
  • Let There Be Free & Fair Election
  • "ST status for Meetei" at Lamlong
  • Science magazines are important for student
  • Interesting choice of candidates
  • The power of We, the voters
  • Inspirations from Scientists of Manipur #1
  • The Case for Amendment of Article 371-C
  • Meitei Nongsha #1 :: Artwork
  • Link between forest & conflict in Manipur
  • Final Call for Application MFA - Phase-2
  • ST for Meiteis call before elections
  • Passing the buck
  • Beating of the Retreat #1 : Gallery
  • Life of our Lives in Ethnic Strife Era! :: Poem
  • IIT-Guwahati annual Half Marathon
  • Follow up: European Parliament on Manipur
  • Yoga & Kegel exercise: Pelvic floor workout
  • Opting for the NOTA button
  • Yearning of the displaced people
  • Kenedy Khuman (Singer) : Gallery
  • 5th NE Women's Peace Congregation
  • World Autism Awareness Day 2024
  • Election fever grips Manipur despite unrest
  • Looking for a decent election hustings
  • Clock ticking towards voting day
  • An exemplary directive
  • Children Camp @JNMDA Imphal #1 : Gallery
  • Memo to Election Commission of India
  • Easter & Holi echo in Nilgiris
  • Holiday Camp for children at JNMDA, Imphal
  • Zero waste is our moral responsibility
  • Elections & loyalty vis-a-vis Manipur crisis
  • Show of strength without unity
  • Yaoshang Pichakari #2 : Gallery
  • Panthoi Chanu : 1st to play in Australia
  • Intensive labs in film preservation
  • Building bridges with books
  • Need of the hour: Political maturity
  • Accepting defeat before the election
  • Descent of Radha-Krishna #28: Download
  • April Calendar for Year 2024 : Tools
  • Natural packaging from bamboo : Gallery
  • The Power of Poppy - 25 :: Poem
  • Everyone has their own Bharat Ratna
  • Nupi Landa Thaunaphabishing #12 :: Book
  • Demand- Manipuri as classical language
  • The Drummer from Odisha
  • Beauty benefits of lemon
  • Yaoshang Mei Thaba #2 : Gallery
  • Manipur's original Ponies : Gallery
  • Yaoshang & Dance of Democracy loom
  • Symposium on Jagadguru Shankaracharya
  • Choosing ITI as a campus after X
  • Yaoshang Pichakari #1 : Gallery
  • Yaoshang @Nabadwip Dham : Gallery
  • How oral health affects your pregnancy
  • Two faces of Holi
  • Prawaas 4.0, Multimodal Transport Show
  • A decade of development of higher education
  • Yaoshang Mei Thaba #1 : Gallery
  • Our Eternal Kangleipak :: Poem
  • Micro-livestock for livelihoods: For NE States
  • The fun of Holi used to be monotonous
  • 2nd Annual Art Exhibition #1 : Gallery
  • About the "Meitei" community from Manipur
  • Unveiling the medicinal benefits of honey
  • The incalculable value of wildlife
  • Promises of true love
  • Trends, Alliances, & Challenges in Elections
  • Meitei Goddess Ngaleima : An Artwork
  • Water is the most precious gift of God
  • Bharat needs a strong 'India'
  • Transformation of railway stations
  • Not quite the final countdown
  • Missing of 'The Saffron' from electoral colour
  • Descent of Radha-Krishna #27: Download
  • 3rd North East Games: Manipur champion
  • The Power of Poppy - 24 :: Poem
  • EBTC & JCRE signed MoU
  • Early Detection Program at Toubul
  • How Holi affects our mood & mental health
  • Lamta Thangja @ Imphal : Gallery
  • Manipur cinema legacy shines at ARCUREA
  • The pulse of politics amidst conflict
  • Forest is most important vital organ of Earth
  • Tips to play safe Holi
  • Politics of naming candidates
  • Disappearing of spring from season cycle
  • Meira Paibis of Manipur
  • Demand for ST status by Meiteis
  • Project Personal Opening @Assam University
  • World Poetry Day at Manipur University
  • Green skills for sustainable world
  • Supportive interventions during exam time
  • Interesting run up to LS polls
  • Onus definitely on PM to restore peace
  • Nupi Landa Thaunaphabishing #11 :: Book
  • Water, water everywhere ...
  • 21st March - A special day for Forest
  • RI imprisonment to Rapists at Silchar
  • Arrests threaten fragile ceasefire
  • The Valor Within :: Poem
  • Monitoring the rehab centres
  • True colour of politicians
  • North East Film Festival #2 : Gallery
  • Linthoingambi- 'Jury Honourable Mention'
  • Meitei Goddess Phouoibi : An Artwork #3
  • Formation of Wesean Student Federation
  • 20th March- International Day of Happiness
  • A call to first time voter youths
  • Playing the card close to its chest
  • Targeting FOCS and ITLF
  • Students @ Class X Exam : Gallery
  • Alarming Pictures of Nongpok Sekmai River
  • Health camp at Khangabok Relief Camp
  • Absence of refugee laws fuels ethnic tension
  • Electoral bonds and Mr Bond
  • ATSUM spilling the beans now
  • Main stumbling block to peaceful election
  • Descent of Radha-Krishna #26: Download
  • Engudam Kavita: Gold @Bodybuilding Ch'ship
  • Sangai :: An Artwork
  • Deepika M urges to observe 2 Mins Silence
  • Attention Manifesto letters- boxes of promises
  • Gearing up for Lok Sabha polls
  • Debate over long poll process
  • Saroi Khangba @ Kangla : Gallery
  • Stress in adolescents due to ethnic clash
  • Will Manipur ever be the same again
  • Innovation : A review
  • Love and Harmony :: Poem
  • Special scholarship scheme for girls
  • Imphal Book Fair 2023 #3 : Gallery
  • Relief material at Serou & Wangoo
  • The power of the human-animal bond
  • Agribusiness & food processing in North East
  • India Defense Policy: Challenge & Imperative
  • Sit across the table and talk
  • Controversial arrest & chaotic confusion
  • Protest for scrapping SoO #2 :Gallery
  • Kangpokpi, a safe haven for immigrants
  • Maharaj Narasingh Statue @Kangla :Gallery
  • North East Film Festival #1 : Gallery
  • Shopping List for Shivaratri : Gallery
  • N Tombi Equestrian C'ships #1 : Gallery
  • Featured Front Page Photo 2024 #1: Gallery
  • Transgender Malem protest [Mar 6] : Gallery
  • Radio E-pao: Manipuri Film OST (130+ song)
  • Monica Konjengbam- Mega Miss North East
  • Save Manipur : Protest [Feb 15] #3 : Gallery
  • Martin Irengbam - Mister North East 2024
  • Naorem Roshibina- Wushu Medallist : Gallery
  • GHOST of PEACE :: Download Booklet
  • Arambai Tengol & SFs #4 : Gallery
  • Abnormal population growth of Kuki from 1881
  • Resilience in adversity | Kumbi : Gallery
  • Protests attack @ Moreh [18 Jan] #2: Gallery
  • Oinam Chaoba Devi: Sepak Takraw : Gallery
  • List of Kings of Manipur: 33 - 1984 AD