Manipur CM presents budget with expenditure proposal of Rs 35,022 cr

Manipur Chief Minister N Biren Singh on Tuesday presented in the assembly the budget for 2023-24 with an expenditure proposal of Rs 35,022 crore out of the consolidated fund of the state.

The budget proposals focus on education, health, sports and agriculture, said Singh who also holds the finance portfolio.

For the year 2023-24, I am proposing a total expenditure of Rs 35,022 crore out of the Consolidated Fund of the State. The total Revenue Expenditure is estimated at Rs 20,292 crore while the Capital outlay is estimated at Rs 10,013 crore, the CM said.

In the Budget Estimate 2022-23, the total expenditure estimated was Rs 34,930 crore.

The total receipts are estimated at Rs 34,131 crore - revenue receipts at Rs 27,547 crore and capital receipts at Rs 6,584 crore. Total estimates of the state's own tax and non-tax receipts are Rs 3,200 crore and Rs 400 crore respectively.

The budget deficit is estimated at Rs 891 crore, which is a reduction from last year's budget deficit of Rs