"Adequate funds will be available to regain the development momentum of the state": Manipur CM Biren Singh

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."

Also read: Centre to establish 100 new India Post Payments Bank branches in Northeast

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.