Key Takeaways
- The situation in Manipur has been declining, with instances of violence decreasing.
- The government is creating a contingency fund of Rs 500 crore to help meet emergent situations in Manipur.
- India’s household debt-to-GDP ratio is relatively low compared to emerging market economies and some advanced nations.
New Delhi: Noting that instances of violence in strife-torn Manipur have been declining and everyone needs to support one another on the sensitive issue, Finance Minister Nirmala Sitharaman on Tuesday said that a contingency fund of Rs 500 crore has been created
for the state.
The Minister replied to the discussion on the Appropriation Bill, 2025, stating that the fund created for Manipur would help meet emergent situations. Key takeaway: The fund will help address urgent needs in the state.
Sitharaman said that major infrastructure projects in the state of Manipur are being given priority by the government.
She said that the government is doing everything to restore normalcy in the state and also stated that “we have to support one another” on the sensitive Manipur issue.
Following the Minister’s reply, the Rajya Sabha returned the Appropriation Bill, 2025 & the Appropriation (No. 2) Bill, 2025, the Manipur Appropriation (Vote on Account) Bill, 2025 and the Manipur Appropriation Bill, 2025.
During her reply, the Finance Minister stated that India’s household debt-to-GDP ratio is relatively low compared to emerging market economies and some advanced nations.
