Imphal : The Bharatiya Janata Party (BJP) Manipur has expressed strong support for the Union Budget 2024, presented by Union Finance Minister Nirmala Sitharaman. Describing the budget as a transformative initiative, BJP Manipur praised its focus on growth, welfare, and inclusiveness, aligning with Prime Minister Narendra Modi’s vision of a ‘Viksit Bharat.’

The party’s statement highlighted the budget’s commitment to addressing key areas including middle-class support, employment creation, and entrepreneurial empowerment. “Our government is dedicated to holistic, widespread, and inclusive development,” said a BJP spokesperson. “We aim to enhance capabilities and provide comprehensive social justice, particularly targeting farmers, youth, women, and the impoverished.”

The Union Budget 2024 outlines nine key priorities, including productivity in agriculture, employment and skilling, human resource development, and infrastructure improvement. Notably, it allocates Rs 2 lakh crore for job creation over the next five years and introduces a new employment skilling scheme to train 20 lakh youth. Additionally, it offers financial incentives for companies and subsidies for higher education loans up to Rs 10 lakh

Manipur Chief Minister N Biren Singh has highlighted the severe challenges currently facing Manipur, citing ongoing political and social unrest as significant factors hindering the state’s progress. In addition to these issues, the state has been struck twice by floods and a devastating hailstorm, exacerbating the situation.

Addressing the pressing need for resources, CM Singh emphasized, “Manipur is suffering due to the prevailing situation as well as we have met two times flood and hail storm. So adequate funds will be available to regain the development momentum of the state.”

On the other hand, Union Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25, providing keep financial aids, announcing plans for development of northeastern region.

To boost financial inclusion in the northeastern states, the Indian government has unveiled plans to set up 100 new branches of India Post Payments Bank (IPPB) across the region. The announcement was made by Finance Minister Nirmala Sitharaman during the Union Budget presentation for 2024-25.