Manipur State Budget 2024-25 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Manipur FY 2024-25
Manipur State Budget 2024-25 Budget at a Glance
Total Receipts
Rs 27,720 crore
+13.1%
Total Expenditure
Rs 29,246 crore
+13.4%
Fiscal Deficit
3.1%
Rs 1,526 crore
Capital Expenditure
Rs 8,616 crore
+19.7%
Tax Revenue
Rs 2,471 crore
+9.8%
Interest Payments
Rs 1,101 crore
4% of expenditure
Manipur Revenue Receipts 2024-25
Own tax revenue vs non-tax revenue breakdown
Manipur Expenditure Breakdown 2024-25
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Manipur 2024-25
The fiscal deficit for Manipur in 2024-25 is 3.1% of GSDP (Rs 1,526 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 1,101 crore consume 3.8% of total expenditure.
Manipur State Budget 2024-25 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 34,899 crore | 100% |
| 1. Revenue Receipts | Rs 27,720 crore | 79.4% |
| a. Own Tax Revenue | Rs 2,471 crore | 7.1% |
| b. Non-Tax Revenue | Rs 300 crore | 0.9% |
| B. Total Expenditure | Rs 29,246 crore | 100% |
| 1. Revenue Expenditure | Rs 20,628 crore | 70.5% |
| 2. Capital Expenditure | Rs 8,616 crore | 29.5% |
| of which: Interest Payments | Rs 1,101 crore | 3.8% |
| C. Fiscal Deficit | Rs 1,526 crore | 3.1% of GSDP |
Source: Manipur State Budget Documents via PRS India. All figures in Indian Rupees.
Manipur Department-wise Expenditure 2024-25
Top departments by allocation in Manipur for 2024-25
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education | Rs 3,700 crore | Rs 350 crore | Rs 4,050 crore | 13.8% |
2. Rural Development | Rs 2,200 crore | Rs 700 crore | Rs 2,900 crore | 9.9% |
3. Public Works & Roads | Rs 950 crore | Rs 1,900 crore | Rs 2,850 crore | 9.7% |
4. Health & Family Welfare | Rs 1,750 crore | Rs 520 crore | Rs 2,270 crore | 7.8% |
5. Police & Home | Rs 1,900 crore | Rs 250 crore | Rs 2,150 crore | 7.4% |
6. Agriculture & Allied | Rs 1,200 crore | Rs 420 crore | Rs 1,620 crore | 5.5% |
7. Social Welfare | Rs 1,050 crore | Rs 170 crore | Rs 1,220 crore | 4.2% |
8. Water Supply & Sanitation | Rs 430 crore | Rs 780 crore | Rs 1,210 crore | 4.1% |
9. Energy | Rs 700 crore | Rs 350 crore | Rs 1,050 crore | 3.6% |
10. Urban Development | Rs 430 crore | Rs 430 crore | Rs 860 crore | 2.9% |
Manipur Budget 2024-25 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 29,246 crore (net) presented in delayed July budget
- Revenue receipts of Rs 27,720 crore with own tax at just Rs 2,471 crore
- Revenue surplus of Rs 7,089 crore (14.2% of GSDP) โ central grants exceed revenue spending
- Fiscal deficit at 3.1% of GSDP (Rs 1,526 crore), at FRBM ceiling
- Capital outlay at Rs 8,616 crore targeting infrastructure in conflict-affected areas
- Budget delayed to July 2024 due to ongoing ethnic crisis since May 2023
- Police spending at Rs 2,150 crore reflects sustained security operations
- Central grants of Rs 16,016 crore โ over 57% of total revenue receipts
- Outstanding debt at Rs 16,800 crore, debt-to-GSDP at 33.6%
- Interest payments at Rs 1,101 crore โ low absolute burden
- Economic activity severely curtailed by ethnic violence and blockades
- GSDP at Rs 49,937 crore โ growth disrupted by prolonged instability
Compare Manipur Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 25,800 crore | Rs 29,246 crore |
| Revenue Receipts | โ | โ | โ | Rs 24,500 crore | Rs 27,720 crore |
| Capital Expenditure | โ | โ | โ | Rs 7,200 crore | Rs 8,616 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.9% | 3.1% |
| Own Tax Revenue | โ | โ | โ | Rs 2,250 crore | Rs 2,471 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Manipur State Budget 2024-25
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