Manipur State Budget 2021-22 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Manipur FY 2021-22
Manipur State Budget 2021-22 Budget at a Glance
Total Receipts
Rs 11,200 crore
+14.3%
Total Expenditure
Rs 13,200 crore
+8.2%
Fiscal Deficit
6.3%
Rs 2,000 crore
Capital Expenditure
Rs 2,200 crore
+10.0%
Tax Revenue
Rs 1,800 crore
+20.0%
Interest Payments
Rs 1,100 crore
8% of expenditure
Manipur Revenue Receipts 2021-22
Own tax revenue vs non-tax revenue breakdown
Manipur Expenditure Breakdown 2021-22
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Manipur 2021-22
The fiscal deficit for Manipur in 2021-22 is 6.3% of GSDP (Rs 2,000 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 1,100 crore consume 8.3% of total expenditure.
Manipur State Budget 2021-22 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 14,200 crore | 100% |
| 1. Revenue Receipts | Rs 11,200 crore | 78.9% |
| a. Own Tax Revenue | Rs 1,800 crore | 12.7% |
| b. Non-Tax Revenue | Rs 2,900 crore | 20.4% |
| B. Total Expenditure | Rs 13,200 crore | 100% |
| 1. Revenue Expenditure | Rs 11,000 crore | 83.3% |
| 2. Capital Expenditure | Rs 2,200 crore | 16.7% |
| of which: Interest Payments | Rs 1,100 crore | 8.3% |
| C. Fiscal Deficit | Rs 2,000 crore | 6.3% of GSDP |
Source: Manipur State Budget Documents via PRS India. All figures in Indian Rupees.
Manipur Budget 2021-22 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 13,200 crore as post-pandemic recovery spending accelerates
- Revenue receipts recover to Rs 11,200 crore with tax revenue at Rs 1,800 crore
- Revenue surplus of Rs 200 crore partially restored
- Fiscal deficit at 6.3% of GSDP (Rs 2,000 crore), still elevated from pandemic
- Outstanding debt at Rs 11,800 crore with debt-to-GSDP at 36.9%
- Interest payments of Rs 1,100 crore absorb 9.8% of revenue receipts
- Capital expenditure at Rs 2,200 crore with Jiribam railway nearing completion
- Myanmar refugee crisis continues creating humanitarian expenditure
- Border trade remains disrupted by Myanmar political instability
- Loktak Lake tourism development receives enhanced allocation
- BJP government wins re-election in March 2022 โ policy continuity assured
- GSDP at Rs 32,000 crore with strong post-pandemic recovery
Compare Manipur Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 12,200 crore | Rs 13,200 crore |
| Revenue Receipts | โ | โ | โ | Rs 9,800 crore | Rs 11,200 crore |
| Capital Expenditure | โ | โ | โ | Rs 2,000 crore | Rs 2,200 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 8.3% | 6.3% |
| Own Tax Revenue | โ | โ | โ | Rs 1,500 crore | Rs 1,800 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Manipur State Budget 2021-22
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.
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Compare Manipur with other states
Side-by-side comparison of fiscal metrics across Indian states