Manipur State Budget 2023-24 Analysis
Revised EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Manipur FY 2023-24
Manipur State Budget 2023-24 Budget at a Glance
Total Receipts
Rs 24,500 crore
+88.5%
Total Expenditure
Rs 25,800 crore
+72.0%
Fiscal Deficit
2.9%
Rs 1,300 crore
Capital Expenditure
Rs 7,200 crore
+188.0%
Tax Revenue
Rs 2,250 crore
+2.3%
Interest Payments
Rs 1,020 crore
4% of expenditure
Manipur Revenue Receipts 2023-24
Own tax revenue vs non-tax revenue breakdown
Manipur Expenditure Breakdown 2023-24
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Manipur 2023-24
The fiscal deficit for Manipur in 2023-24 is 2.9% of GSDP (Rs 1,300 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 is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 1,020 crore consume 4.0% of total expenditure.
Manipur State Budget 2023-24 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 31,500 crore | 100% |
| 1. Revenue Receipts | Rs 24,500 crore | 77.8% |
| a. Own Tax Revenue | Rs 2,250 crore | 7.1% |
| b. Non-Tax Revenue | Rs 280 crore | 0.9% |
| B. Total Expenditure | Rs 25,800 crore | 100% |
| 1. Revenue Expenditure | Rs 18,600 crore | 72.1% |
| 2. Capital Expenditure | Rs 7,200 crore | 27.9% |
| of which: Interest Payments | Rs 1,020 crore | 4.0% |
| C. Fiscal Deficit | Rs 1,300 crore | 2.9% of GSDP |
Source: Manipur State Budget Documents via PRS India. All figures in Indian Rupees.
Manipur Department-wise Expenditure 2023-24
Top departments by allocation in Manipur for 2023-24
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education | Rs 3,300 crore | Rs 300 crore | Rs 3,600 crore | 14.0% |
2. Rural Development | Rs 1,900 crore | Rs 580 crore | Rs 2,480 crore | 9.6% |
3. Public Works & Roads | Rs 850 crore | Rs 1,600 crore | Rs 2,450 crore | 9.5% |
4. Health & Family Welfare | Rs 1,500 crore | Rs 440 crore | Rs 1,940 crore | 7.5% |
5. Police & Home | Rs 1,700 crore | Rs 210 crore | Rs 1,910 crore | 7.4% |
6. Agriculture & Allied | Rs 1,050 crore | Rs 360 crore | Rs 1,410 crore | 5.5% |
7. Social Welfare | Rs 920 crore | Rs 140 crore | Rs 1,060 crore | 4.1% |
8. Water Supply & Sanitation | Rs 370 crore | Rs 660 crore | Rs 1,030 crore | 4.0% |
9. Energy | Rs 600 crore | Rs 300 crore | Rs 900 crore | 3.5% |
10. Urban Development | Rs 370 crore | Rs 370 crore | Rs 740 crore | 2.9% |
Manipur Budget 2023-24 Analysis & Highlights
Key Highlights
- Revised expenditure at Rs 25,800 crore โ below original estimates due to conflict disruption
- Revenue receipts at Rs 24,500 crore with own tax at Rs 2,250 crore
- Revenue surplus of Rs 5,900 crore โ structural result of central transfer dependency
- Fiscal deficit at 2.9% of GSDP (Rs 1,300 crore), below FRBM ceiling
- Capital expenditure at Rs 7,200 crore โ partially unexecuted due to ethnic violence
- Ethnic conflict beginning May 2023 disrupted all aspects of governance and economy
- Security spending surged beyond budgeted levels for emergency deployment
- Over one lakh people displaced into relief camps requiring emergency provisions
- Outstanding debt at Rs 15,200 crore, debt-to-GSDP at 33.4%
- Infrastructure damage from conflict requires future rehabilitation spending
- Tax collections impacted by business closures and economic disruption
- GSDP at Rs 45,580 crore โ growth severely impacted from May 2023
Compare Manipur Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 15,000 crore | Rs 25,800 crore |
| Revenue Receipts | โ | โ | โ | Rs 13,000 crore | Rs 24,500 crore |
| Capital Expenditure | โ | โ | โ | Rs 2,500 crore | Rs 7,200 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 5.7% | 2.9% |
| Own Tax Revenue | โ | โ | โ | Rs 2,200 crore | Rs 2,250 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Manipur State Budget 2023-24
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.
Explore More
Compare Manipur with other states
Side-by-side comparison of fiscal metrics across Indian states