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Manipur State Budget 2025-26 Analysis

Budget Estimate

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Manipur FY 2025-26

Manipur State Budget 2025-26 Budget at a Glance

Total Receipts

Rs 30,200 crore

+8.9%

Total Expenditure

Rs 31,900 crore

+9.1%

Fiscal Deficit

3.1%

Rs 1,700 crore

Capital Expenditure

Rs 9,400 crore

+9.1%

Tax Revenue

Rs 2,720 crore

+10.1%

Interest Payments

Rs 1,180 crore

4% of expenditure

Manipur Revenue Receipts 2025-26

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 2,720 crore (89.2%)
Non-Tax Revenue
Rs 330 crore (10.8%)

Manipur Expenditure Breakdown 2025-26

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 70.5%
Capital Expenditure 29.5%

Top 10 Departments by Allocation

Fiscal Deficit as % of GSDP โ€” Manipur 2025-26

The fiscal deficit for Manipur in 2025-26 is 3.1% of GSDP (Rs 1,700 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 1,180 crore consume 3.7% of total expenditure.

Manipur State Budget 2025-26 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 38,000 crore100%
1. Revenue ReceiptsRs 30,200 crore79.5%
a. Own Tax RevenueRs 2,720 crore7.2%
b. Non-Tax RevenueRs 330 crore0.9%
B. Total ExpenditureRs 31,900 crore100%
1. Revenue ExpenditureRs 22,500 crore70.5%
2. Capital ExpenditureRs 9,400 crore29.5%
of which: Interest PaymentsRs 1,180 crore3.7%
C. Fiscal DeficitRs 1,700 crore3.1% of GSDP

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

Manipur Department-wise Expenditure 2025-26

Top departments by allocation in Manipur for 2025-26

Department โ†•Total โ†“Share
1. Education
Rs 4,600 crore
14.4%
2. Public Works & Roads
Rs 3,300 crore
10.3%
3. Rural Development
Rs 3,300 crore
10.3%
4. Health & Family Welfare
Rs 2,600 crore
8.2%
5. Police & Home
Rs 2,500 crore
7.8%
6. Agriculture & Allied
Rs 1,900 crore
6.0%
7. Water Supply & Sanitation
Rs 1,400 crore
4.4%
8. Social Welfare
Rs 1,400 crore
4.4%
9. Energy
Rs 1,200 crore
3.8%
10. Urban Development
Rs 1,000 crore
3.1%

Manipur Budget 2025-26 Analysis & Highlights

Key Highlights

  • Total expenditure projected at Rs 31,900 crore amid ongoing ethnic conflict disruptions
  • Revenue receipts at Rs 30,200 crore heavily dependent on central grants (over 85%)
  • Revenue surplus of Rs 7,700 crore reflects large central transfers against modest revenue spending
  • Fiscal deficit at 3.1% of GSDP (Rs 1,700 crore), within prescribed limits
  • Capital expenditure at Rs 9,400 crore โ€” nearly 30% of total, infrastructure-rebuilding focus
  • Security and police spending elevated at Rs 2,500 crore due to ethnic violence aftermath
  • Border trade infrastructure with Myanmar receives allocation despite instability across the border
  • Education at Rs 4,600 crore prioritises reopening of schools closed during ethnic conflict
  • Outstanding debt at Rs 18,200 crore, debt-to-GSDP at 33.3%
  • Interest payments at Rs 1,180 crore โ€” manageable but rising
  • Own tax revenue at just Rs 2,720 crore โ€” extremely narrow fiscal base
  • GSDP at Rs 54,680 crore โ€” small economy severely impacted by internal instability

Compare Manipur Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2021-222022-232023-242024-252025-26
Total Expenditureโ€”โ€”โ€”Rs 29,246 croreRs 31,900 crore
Revenue Receiptsโ€”โ€”โ€”Rs 27,720 croreRs 30,200 crore
Capital Expenditureโ€”โ€”โ€”Rs 8,616 croreRs 9,400 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”3.1%3.1%
Own Tax Revenueโ€”โ€”โ€”Rs 2,471 croreRs 2,720 crore

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

Understanding Manipur State Budget 2025-26

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