Manipur successfully closed the financial year 2024-25 with significant achievements in fiscal discipline, treasury management, and record central assistance.
The year began with an overdraft of Rs. 123 crore and a Ways and Means Advance of Rs. 248 crore, but through strict financial management, the state reduced its Ways and Means Advance to just Rs. 23 crore by year-end, the lowest since 2017-18.
Notably, no overdraft was availed in February and March, and Ways and Means Advance was used on only three days in March.
Treasury operations remained smooth, with a total of Rs. 19,075 crore disbursed in the year, including Rs. 3,394 crore in March. Capital expenditure for March stood at Rs. 920 crore, with the rest covering revenue expenditures like salaries, pensions, and welfare schemes.
The government spent Rs. 833 crore on salaries, including police wages, Rs. 382 crore on pensions, and Rs. 93 crore on the General Provident Fund.
An additional Rs. 820 crore was allocated for Centrally Sponsored Schemes, Rs. 259 crore for Externally Aided Projects, and Rs. 126 crore under the SASCI scheme. Support for displaced persons included Rs. 161 crore for relief camps and Rs. 25 crore for permanent housing.
March 2025 saw Rs. 1,926 crore in central assistance, the highest ever in a single month.
Under SASCI, Rs. 1,437 crore was secured for the year, including Rs. 869 crore in March alone. Additional central funding included Rs. 217 crore for relief and rehabilitation, Rs. 169 crore for PMAY-Grameen, Rs. 520 crore for education, Rs. 305 crore for health, and Rs. 458 crore for women and child development.
Looking ahead, Manipur aims to clear all pending pension backlogs within three months and ensure timely salary payments by the first working day of each month, starting in July 2025.
A comprehensive review of departmental liabilities is underway, ensuring transparency and efficiency in financial planning for the new fiscal year.
