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Manipur State Budget 2022-23 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Manipur FY 2022-23

Manipur State Budget 2022-23 Budget at a Glance

Total Receipts

Rs 13,000 crore

+16.1%

Total Expenditure

Rs 15,000 crore

+13.6%

Fiscal Deficit

5.7%

Rs 2,000 crore

Capital Expenditure

Rs 2,500 crore

+13.6%

Tax Revenue

Rs 2,200 crore

+22.2%

Interest Payments

Rs 1,300 crore

9% of expenditure

Manipur Revenue Receipts 2022-23

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 2,200 crore (38.6%)
Non-Tax Revenue
Rs 3,500 crore (61.4%)

Manipur Expenditure Breakdown 2022-23

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 83.3%
Capital Expenditure 16.7%

Fiscal Deficit as % of GSDP โ€” Manipur 2022-23

The fiscal deficit for Manipur in 2022-23 is 5.7% 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 1,300 crore consume 8.7% of total expenditure.

Manipur State Budget 2022-23 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 16,000 crore100%
1. Revenue ReceiptsRs 13,000 crore81.3%
a. Own Tax RevenueRs 2,200 crore13.8%
b. Non-Tax RevenueRs 3,500 crore21.9%
B. Total ExpenditureRs 15,000 crore100%
1. Revenue ExpenditureRs 12,500 crore83.3%
2. Capital ExpenditureRs 2,500 crore16.7%
of which: Interest PaymentsRs 1,300 crore8.7%
C. Fiscal DeficitRs 2,000 crore5.7% of GSDP

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

Manipur Budget 2022-23 Analysis & Highlights

Key Highlights

  • Total expenditure reached approximately Rs 21,000 crore as infrastructure spending peaked with multiple major projects.
  • SGST collections crossed Rs 700 crore with continued improvement in economic formalisation.
  • Ethnic violence erupted in May 2023 between Meitei and Kuki communities, the worst crisis since statehood.
  • The violence displaced over 60,000 people and caused estimated Rs 3,000 crore in property destruction.
  • Jiribam-Imphal railway commissioning was delayed by the ethnic violence and security concerns.
  • Education system was severely disrupted with schools in affected areas closed for months.
  • Health facilities in violence-affected areas were damaged or rendered inaccessible.
  • Drug trafficking continued at crisis levels with the Myanmar border remaining porous.
  • New Imphal airport terminal commenced partial operations with modern facilities.
  • Capital expenditure plans were significantly disrupted by the violence and subsequent curfews.
  • Tourism collapsed as the Sangai Festival and other events were cancelled due to security concerns.
  • Internet shutdowns lasting months devastated digital economy and online businesses.
  • Emergency relief and rehabilitation spending exceeded Rs 1,000 crore.

Compare Manipur Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2018-192019-202020-212021-222022-23
Total Expenditureโ€”โ€”โ€”Rs 13,200 croreRs 15,000 crore
Revenue Receiptsโ€”โ€”โ€”Rs 11,200 croreRs 13,000 crore
Capital Expenditureโ€”โ€”โ€”Rs 2,200 croreRs 2,500 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”6.3%5.7%
Own Tax Revenueโ€”โ€”โ€”Rs 1,800 croreRs 2,200 crore

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

Understanding Manipur State Budget 2022-23

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