📷 Image: Wikimedia Commons / Prime Minister's Office
Business
Manipur unrest slashes GST collections by ₹1,200 crore, says CM
✍️ timesofindia.indiatimes.com
🗓 17 Sep 2026, 04:46 AM
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Manipur's ongoing conflict has led to an estimated loss of ₹1,200 crore in GST revenue, according to Chief Minister N. Biren Singh. The figure underscores the economic toll of the unrest on the state's finances.
Chief Minister N. Biren Singh told reporters that the prolonged conflict in Manipur has resulted in a shortfall of roughly ₹1,200 crore in Goods and Services Tax collections. The loss, he said, reflects the disruption of commercial activities across the state.
The unrest, which began earlier this year, has halted trade routes, closed markets and deterred investment, leading to a sharp dip in taxable transactions. Business owners in Imphal and surrounding districts reported reduced sales and delayed payments, further shrinking the tax base.
Singh emphasized that the state government is working with the central finance ministry to mitigate the impact. He called for a swift restoration of peace, noting that normalising economic activity is essential to recover the lost revenue and sustain development projects.
While the exact methodology for calculating the ₹1,200 crore loss was not disclosed, officials said the figure is based on comparative GST data from previous fiscal periods. The CM urged all stakeholders to support peace initiatives to protect Manipur's fiscal health.
The unrest, which began earlier this year, has halted trade routes, closed markets and deterred investment, leading to a sharp dip in taxable transactions. Business owners in Imphal and surrounding districts reported reduced sales and delayed payments, further shrinking the tax base.
Singh emphasized that the state government is working with the central finance ministry to mitigate the impact. He called for a swift restoration of peace, noting that normalising economic activity is essential to recover the lost revenue and sustain development projects.
While the exact methodology for calculating the ₹1,200 crore loss was not disclosed, officials said the figure is based on comparative GST data from previous fiscal periods. The CM urged all stakeholders to support peace initiatives to protect Manipur's fiscal health.