Indian Government Grants Additional ₹51,463 Crore Approval in Parliament
In the financial year 2024-25, Indian states face varied fiscal conditions, with some smaller states like Arunachal Pradesh, Punjab, Himachal Pradesh, Nagaland, and Manipur (not yet available) having high projected debt ratios, indicating fiscal stress. Larger states like Maharashtra and Tamil Nadu carry high absolute debt but maintain moderate debt ratios due to their strong economies. The Union Government's total expenditure for the Interim Budget 2024-25 was approximately ₹47.65 lakh crore, with a focus on capital expenditure to boost infrastructure and economic growth. The Union Budget FY26 further increased capital expenditure by 10% to ₹11.21 lakh crore from FY25’s ₹10.18 lakh crore.
The Indian government's supplementary demands for grants, which are used to request additional appropriations during the year beyond original budgets, are detailed in the Demands for Grants documents published by the Ministry of Finance. For FY 2024-25, the second batch of supplementary demands entails a gross additional spending sought by the government of over Rs 6.78 lakh crore. The Indian Parliament approved these demands, amounting to Rs 51,463 crore for the current fiscal.
Regarding Manipur Budget for FY 2025-26, specific budget details are not present in the general sources. However, it is known that the budget includes a Vote on Account of Rs 17,947 crore, a provision for a Rs 500 crore corpus for the creation of a contingency fund, and estimates a surplus of Rs 264 crore. The Manipur Budget for 2025-26 has been managed under President's Rule, and the powers of Manipur's Legislature are currently exercisable by or under the authority of Parliament.
For in-depth supplementary demands and capital expenditure details for FY 2024-25, and updated statewise budget reports including Manipur’s, refer to the official Ministry of Finance budget documents and individual state government budget releases. For Manipur-specific budget details, consult Manipur government portals.
- The Indian Parliament, in its approval of the supplementary demands for grants, allocated Rs 51,463 crore for the current fiscal year, demonstrating the impact of such decisions on the overall budget in the context of politics and general news.
- The Manipur Budget for FY 2025-26, managed under President's Rule, includes a Vote on Account of Rs 17,947 crore, a provision for a contingency fund, and estimates a surplus of Rs 264 crore. This highlights the unique financial conditions of states in the larger context of India's diverse business landscape.
