Skip to content Skip to navigation

Manipur expects 10 per cent growth

By AT News Imphal |

Deputy Chief Minister of Manipur, Yumnam Joykumar Singh said skill development, employment generation and providing safe drinking water to all are some of the major thrust areas where the government will pay attention in the current financial year 2017-18.

Talking to media persons on the Budget Estimates for the current financial year, which was tabled in the State Assembly today, at his office at Annexe Building, Manipur Secretariat (North Block), Deputy Chief Minister who is in charge of Finance portfolio said government is expecting a healthy growth rate which may be upto 10% in the current fiscal and therefore, new jobs can be created.

He said government is expecting to get Rs.24,338.78 crores as Gross State Domestic Product (GSDP) this year which is more than the previous year, i.e Rs 22,028.04 only ending  March 31,2017.

Altogether, a sum of Rs.12,510.61 crores is expected to collect as total receipts this year from all sources which is also more than the previous year and a total of Rs.12,286.92 crore only is expected to expend giving a surplus of Rs.223.68 crores this year, he said.

Joykumar Singh further said that despite having a Gross Fiscal Deficit of Rs. 851.41 crore with the government, it is expected to set the rate to 3.50% of GSDP this year.

On revenue collection he said, government will tighten up leakages in the tax collection this year. Land revenue collection will be increased and tax collection from forest products has been increasing considerably comparing with the previous years, he informed.

 Around a sum of Rs. 9 crore have been collected in the 1st quarter of the current fiscal and further the collection rate will increase, he said.

Reiterating that GST will help the state to improve its financial health, Deputy Chief Minister said Manipur being a consumer state will get its share in the collection levied on Goods & Services and the new tax regime will contribute to the overall financial growth.

As for the centrally sponsored Schemes, he said, there have been a lot of hurdles in the financial management. Non submission of Utilisation Certificates (UCs) and also non submission of DCC Bills by the previous Government has become a major hurdle with the government in the completion of ongoing projects.

In this regard, after completing the ongoing Budget Session a ministerial team will rush to Delhi and will approach the concerned ministries, he said. He also said besides this, a number of new projects will be conceptualised such as cleaning of important river beds like Imphal, Iril and Nambul rivers in the first phase to avoid perennial flood in the state.

Establishment of a Science City in the state will also be a priority and government will try to approach the Centre in this regard, he added.

Commissioner (Finance), Vivek Kumar Dewangan, Commissioner (Excise), Hrishikesh Modak and other officials from the Finance department attended the briefing.

Add new comment

Random Stories

ULFA denies media reports of its c-in-c's arrest

22 May 2010 - 3:10am | sankal
The United Liberation Front Of Assam (ULFA) on Friday has denied media reports of the arrests of its Commander-in-chief Paresh Barua and the finance secretary Bhaity Barua alias Apurba Barua....

Lions Eye Camp at Jakhlabandha

3 Sep 2012 - 9:48pm | Anil Sarma
Lions Club of Nagaon Greater organised an Eye Camp on September 1 at Jakhalabandha Hospital. A total of 415 patients were examined and free medicines were provided to them. Out of the total cases,...

Paralyzing bandh in Raha

26 May 2017 - 7:51am | Dibya J Borthakur
Normal life remains heavily paralyzed in Raha following a 12 hour bandh by the various local organizations who are dead opposed to the proposed AIIMS in North Guwahati instead of central Assam....

Survival International responds to Assam Environmental NGO Forum

10 Mar 2017 - 10:01pm | AT Staff Reporter
Stephen Corry,Director,Survival International,responding to allegations made by Assam Environmental Forum regarding the matter of negative publicity given on Kaziranga National Park authority by BBC,...

Other Contents by Author

Chief of Army Staff visits Manipur

Imphal, Dec 29 (NENA): General Bipin Rawat, UYSM, AVSM, YSM, SM, VSM, ADC, Chief of the Army Staff arrived in the state on a two-day visit to IGAR (South) from December 28-29. The COAS was accompanied by Lieutenant General Abhay Krishna, UYSM, AVSM, SM, VSM, General Officer Commanding-in-Chief Eastern Army Command and Lieutenant General Anil Chauhan, AVSM, SM, VSM, General Officer Commanding Spears Corps, informed PRO of IGAR (S) in a release on Friday.   The COAS was briefed on the prevailing security situation in the state by Inspector General of Assam Rifles (South) and General Officer Commanding 57 Mountain Division. General Bipin Rawat reviewed the operational preparedness...

MPP takes on BJP, Cong on Naga pact

Caught in a dire dilemma over the Naga peace framework agreement with the Centre, the Manipur People’s Party (MPP) on Tuesday took on both BJP and Congress accusing them of downplaying the interest of the state. Eating war against both the parties on Tuesday in his address at the party’s golden jubilee function in Imphal, newly elected party president Oinam Jugindro said,”MPP feels strange what the Congress and BJP have been showing to the people over the issue of territorial integrity of Manipur,” Jugindro said his party has launched a sustained campaign to safeguard the territorial integrity of the state and pledged that MPP will always fight for the cause of the people of Manipur....

7 hurt in clash over land in Manipur

Imphal, Dec 16 (NENA): Seven villagers were injured, one of them seriously, after violent clash erupted between two groups at L Tangnaum (Harapthel) village under Sapormeina Police Station over an ongoing land dispute on Saturday. Chingsubam Rame, 45, got hit by a bullet during the clash that happened around noon, sources said. He was taken to Khurkhul Primary Health Centre but was referred to Raj Medicity for better treatment. The other six injured in the incident were reported to be villagers of Haraothel. They received injuries in the clash where guns, clubs and other blunt objects were used.  Meanwhile, a large number of police personnel from Kangpokpi and Imphal West rushed to...

Oneness should be undistorted: Biren tells Rajnath

Manipur Chief Minister N Biren Singh  told Union Home Minister Rajnath Singh that the Naga peace pact should not disrupt the age-old oneness of the state in the ongoing efforts to end the Naga problem. Singh, who met Rajnath Singh in Kolkata on Thursday said he discussed the influx of Rohingya and Bangladeshi immigrants and how to check it.   Rajnath Singh also listened to CM Biren Singh, Assam Chief Minister Sarbananda Sonowal and Arunachal Pradesh Chief Minister Pema Khandu in the matter of the ongoing peace parleys between the Government of India and NSCN (IM). The three neighbouring states of Nagaland are concerned that their state boundaries could be distorted if...

Naga framework triggers off day

 Demanding disclosure of the details of ‘Framework Agreement,’ residents in Thangmeiband constituency on Thursday observed a day off from work. As part of the day-long protest, a sit-in was held in front of Nisha Club, Thangmeiband organised by Thangmeiband United Club where local MLA Kh Joykishan and former chief Minister Radhabinod Koijam also took part. Speaking to media on the sidelines, the Congress MLA Joykishan expressed unhappiness about the way the Centre has been dealing the issue. The Government of India and NSCN (IM) signed the Framework Agreement, also known as Peace Accord, on August 3, 2015. The Framework Agreement still remains an inside job between the...

Army topgun on visit to Manipur

The Eastern Army Commander, Lieutenant General Abhay Krishna, UYSM, AVSM, SM, VSM arrived in the state on a two-day visit from December 7 to 8. The very senior army commander is responsible for ensuring security of the Indian eastern borders as well as for countering insurgency in the North East India, PRO of IGAR (S) informed in a statement.    The Army Commander was accompanied by Lieutenant General Anil Chauhan, AVSM, SM, VSM, General Officer Commanding 3 Corps. The Army Commander was briefed on the prevailing security situation in the state by the Head of Assam Rifles in Manipur - Major General Virendra Singh. He reviewed the operational preparedness of the formations...

Fracas over VIPism in Manipur

Union Road Transport and Highways Minister Nitin Gadkari in April this year removed the red beacon from his car, thus becoming the first Union minister to do away with the VIP culture and exhibitionism. On April 22, Chief Minister N Biren Singh became the first VIP in Manipur to remove the red beacon from his car. The move by Gadkari and Biren came following Union Cabinet’s decision that all red beacon lights will have to be removed from official cars, barring emergency service vehicles, from May 1, 2017.   Buoying up the VIP culture in Manipur, unelected BJP leaders are using security escorts, said N Tombiraj, advisor, All Manipur Working Journalists’ Union (AMWJU), the apex...

Attack on Assam Rifles convoy in Kamjong

IMPHAL: Manipur on Saturday averted a Chandel district like militant attack when a group of rebels made an abortive attempt on an Assam Rifles convoy in Kamjong. But the ambush was fierce which had resulted no casualty when the militants near Aishi village within Kamjong district along the India-Myanmar border attacked the Assam Rifles convoy with three Improvised Explosive Devices (IEDs) around5:35 am, before the fierce encounter. The Assam Rifles team led by Maj Jagannathan was on their way to Aishi to conduct a medical camp there when they came under ambush near Aishi. The attack took place at a place located about 4 km from Aishi.   There were no casualties on both...

New step to promote Manipur tourism

The Manipur  government has set a target to complete tourist circuits at Imphal, Moirang, Khongjom and Moreh under North East Circuit of Swadesh Darshan Scheme at a cost of Rs 8,966 lakh during the period 2017-18.  Under the Swadesh Darshan Scheme, ‘spiritual circuit’ will be developed at Shri Govindaji Temple, Shri Bijoy Govindajee Temple, Shri Gopinath Temple, Shri Bungshibodon Temple and Shri Kaina Temple consisting of 64 works—26 in Kangla and 38 in Moreh, Phubala and  Ningthoukhong at a cost of Rs 5,380 lakh.  According to the publication by Manipur State Planning Department, the development of integrated mega tourist circuits at Marjing Polo, Kaina and Khebaching...

Total shutdown disrupts NH-2

A 12-hour total shutdown on Imphal-Dimapur road, NH-2 enforced by Naga civil society groups disrupted normal life on Monday. The shutdown call from 6 am to 6 pm was imposed demanding the government to arrest a man who is wanted in an attempted rape and murder of a minor girl that happened on August 1 last. Hundreds of people in Kanglatongbi area along the highway took a protest rally under the banner of Namdilong Women Development Society, Liangmau Pui Naga Ruangdi and All Liangmai Naga Students’ Union. The accused, Asin alias Kashin alias Karinba,50, hailing from Karvangmuang village, part II, Noney is still at large since the incident which has prompted several...