Finance Minister announces ₹500-crore corpus for strife-torn Manipur | Current Affairs | Vision IAS

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Finance Minister announces ₹500-crore corpus for strife-torn Manipur

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Union Finance Minister's Announcement on Manipur

In a session of the Lok Sabha on March 11, 2025, Finance Minister Nirmala Sitharaman announced significant financial measures for Manipur, as part of a discussion on ‘The Manipur Appropriation Bill, 2025’ and ‘The Manipur Appropriation (Vote on Account) Bill, 2025’.

Key Financial Announcements

  • A ₹500 crore corpus to establish a contingency fund for Manipur.
  • ₹400 crore allocated for the operation of relief camps in the state.
  • Approval of 7,000 houses under the Prime Ministers’ Awas Yojana (PMAY) for displaced individuals.

Budget Allocation and Concerns

  • The Manipur budget for 2025-26 was tabled, with an expenditure of ₹35,103.90 crore, showing an increase from ₹32,656.81 crore of the current financial year.
  • The capital outlay saw a 19% increase to ₹7,773 crore.

Manipur remains under President’s Rule following a proclamation under Article 356, with legislative powers exercised by Parliament's authority. The Finance Minister emphasized improvements in the law and order situation, though sporadic incidents remain.

  • Tags :
  • Manipur
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