The prolonged ethnic unrest in Manipur has dealt a severe blow to the state's financial health, resulting in a staggering loss of tax revenue over the past few years. Manipur Chief Minister Yumnam Khemchand Singh revealed that the ongoing crisis has heavily impacted public finances.
Decline in GST Revenue and Economic Disruptions
Addressing the 52nd Foundation Day celebration of the All Manipur Working Journalists’ Union, the Chief Minister announced that the state experienced a shortfall of more than Rs 1,200 crore in Goods and Services Tax revenue between 2023 and 2026. He noted that frequent bandhs and blockades crippled commercial activities and obstructed the region's overall progress. This ongoing turmoil has placed tremendous strain on the local economy.
Appeal Against Bandhs and Blockades
Highlighting the collateral damage caused by disruptions, the Chief Minister urged civil society organizations to abandon bandhs and blockades as standard methods of protest. He called for a united effort from all stakeholders to foster an atmosphere conducive to economic recovery and regional development.
Welfare Measures and Pension Hikes for Journalists
Shifting focus to media welfare, the Chief Minister announced plans to increase journalist pensions from Rs 8,000 to Rs 10,000 per month. Additionally, family pension payouts will see a raise from Rs 5,000 to Rs 7,000 monthly. This proposal will soon be forwarded to the state Cabinet for formal consideration.
Relief for Inactive Accounts and Clearance of Dues
Acknowledging the hardships faced by the press during the crisis, a one-time relaxation was declared for media personnel who could not contribute to the DIPR Journalist Pension Scheme, allowing them to reactivate their accounts. Furthermore, pending advertisement bills totaling approximately Rs 1 crore have already been cleared and disbursed.
