FM Nirmala Sitharaman announces Rs 500 cr corpus for Manipur to establish contingency fund

Finance Minister Nirmala Sitharaman has announced a 500 crore rupees corpus for Manipur to establish a contingency fund. She told Lok Sabha yesterday that the Centre is providing all possible financial assistance for the faster recovery of Manipur’s economy. The Finance Minister was replying to a discussion on ‘The Manipur Appropriation Bill, 2025’ and ‘The Manipur Appropriation (Vote on Account) Bill, 2025’ in the Lok Sabha.

 

Both Bills were passed by voice vote. Ms Sitharaman asserted that the overall law and order situation has improved in the northeastern state, except for some sporadic incidents. She said 400 crore rupees



have been provided for the operation of relief camps in Manipur and under the Prime Minister’s Awas Yojana (PMAY) 7,000 houses have been approved to provide housing for those who were displaced.

 

Manipur is currently under the President’s Rule. Consequent to the proclamation issued under Article 356 of the Constitution last month, the powers of the Legislature of the State are exercisable by or under the authority of Parliament. The Finance Minister had tabled the Manipur budget for 2025-26 in the Parliament on Monday envisaging an expenditure of over 35 thousand 103 crore rupees.