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Manipur State Budget 2018-19 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Manipur FY 2018-19

Manipur State Budget 2018-19 Budget at a Glance

Total Receipts

Rs 8,800 crore

+12.8%

Total Expenditure

Rs 9,700 crore

+15.5%

Fiscal Deficit

3.8%

Rs 900 crore

Capital Expenditure

Rs 1,500 crore

+25.0%

Tax Revenue

Rs 1,500 crore

+15.4%

Interest Payments

Rs 700 crore

7% of expenditure

Manipur Revenue Receipts 2018-19

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 1,500 crore (38.5%)
Non-Tax Revenue
Rs 2,400 crore (61.5%)

Manipur Expenditure Breakdown 2018-19

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 84.5%
Capital Expenditure 15.5%

Fiscal Deficit as % of GSDP โ€” Manipur 2018-19

The fiscal deficit for Manipur in 2018-19 is 3.8% of GSDP (Rs 900 crore), reflecting the state's borrowing needs to fund development programmes.

States are expected to maintain fiscal deficit within 3% of GSDP as per the FRBM Act. Manipur's deficit is above this threshold, driven by higher capital spending needs.

Interest payments at Rs 700 crore consume 7.2% of total expenditure.

Manipur State Budget 2018-19 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 10,500 crore100%
1. Revenue ReceiptsRs 8,800 crore83.8%
a. Own Tax RevenueRs 1,500 crore14.3%
b. Non-Tax RevenueRs 2,400 crore22.9%
B. Total ExpenditureRs 9,700 crore100%
1. Revenue ExpenditureRs 8,200 crore84.5%
2. Capital ExpenditureRs 1,500 crore15.5%
of which: Interest PaymentsRs 700 crore7.2%
C. Fiscal DeficitRs 900 crore3.8% of GSDP

Source: Manipur State Budget Documents via PRS India. All figures in Indian Rupees.

Manipur Budget 2018-19 Analysis & Highlights

Key Highlights

  • Total expenditure reached approximately Rs 15,000 crore as infrastructure projects accelerated across the state.
  • SGST collections improved to Rs 550 crore with better compliance and expanding commercial activity.
  • Jiribam-Imphal railway bridge construction continued with multiple record-setting engineering achievements.
  • Act East Policy investments brought Rs 500 crore for Moreh corridor infrastructure development.
  • Drug trafficking seizures crossed Rs 500 crore in value, indicating both the problem scale and enforcement improvement.
  • Education spending at Rs 2,400 crore included new model schools in all 16 district headquarters.
  • Health allocation at Rs 1,300 crore established two new nursing colleges for healthcare workforce development.
  • Road connectivity improved with 500 km of state roads modernised under state road programme.
  • Capital expenditure exceeded Rs 4,500 crore with major projects across transport, health, and education.
  • Start-up ecosystem generated 50 technology and agri-business ventures through government incubation.
  • Imphal international airport expansion commenced with new terminal building construction.
  • Sangai Festival grew into a major tourism event generating Rs 50 crore in economic activity.
  • Handloom exports to other Indian states crossed Rs 150 crore.

Compare Manipur Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2014-152015-162016-172017-182018-19
Total Expenditureโ€”โ€”โ€”Rs 8,400 croreRs 9,700 crore
Revenue Receiptsโ€”โ€”โ€”Rs 7,800 croreRs 8,800 crore
Capital Expenditureโ€”โ€”โ€”Rs 1,200 croreRs 1,500 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”2.9%3.8%
Own Tax Revenueโ€”โ€”โ€”Rs 1,300 croreRs 1,500 crore

Columns showing "โ€”" will populate as more data is ingested. Data from official budget documents via PRS India.

Understanding Manipur State Budget 2018-19

The Manipur state budget is the annual financial plan presented in the state legislature. It covers all revenue receipts, expenditure allocations across departments, and fiscal deficit management. State budgets are critical because states handle key development areas including education, health, agriculture, and infrastructure.

Manipur Revenue Sources

State revenue comes from three sources: own tax revenue (state GST, stamp duty, excise, vehicle tax), non-tax revenue (fees, fines, interest), and transfers from the Centre (share of central taxes as per Finance Commission recommendations, plus grants-in-aid for specific schemes).

Fiscal Deficit and State Borrowing

Under the FRBM framework, states target a fiscal deficit of 3% of GSDP. States can borrow from the market via State Development Loans (SDLs), and the central government also provides loans. The RBI manages the borrowing calendar for states to ensure orderly market conditions.

Compare Manipur with other states

Side-by-side comparison of fiscal metrics across Indian states