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Union Minister reviews financial status of Manipur

By Correspondent

IMPHAL, June 4 - Union Minister of State for Finance Shiv Pratap Shukla arrived here today on a two-day visit to Manipur to review the financial scenario in the State.

Soon after his arrival, the Union Minister called on State Chief Minister N Biren Singh and discussed about the financial status of the State. They also discussed about the demand of implementation of the 7th pay recommendation in toto by the State Government.

Later, he held a series of meetings with Central and State Government officials in connection with financial matters after the implementation of the Goods and Services Tax (GST) in the country.

Speaking to media in the evening, Shukla informed that he will discuss the issue of implementation of the 7th pay panel recommendations in Manipur with the concerned parties once he returned to New Delhi.

The State Government employees are on a ceasework strike for the past more than 70 days demanding the implementation of the 7th pay panel report in the State.

Like in other Northeastern States, Manipur has witnessed a whopping growth of 48 per cent in revenue collection compared to the national growth rate of 14 per cent.

After the introduction of GST in July 2017, the revenue collected by State Government departments is seven times higher than the previous record. The revenue collected in 2016-17 stood at Rs 7.69 crore, this has increased to Rs 49.24 crore in 2017-18, he informed.

In keeping with Centre�s vision of a New India by 2022, Centre has embarked upon a major policy initiative for rapid transformation of 115 backward districts of the country which include Chandel district of Manipur, he added. The financial literacy week is being observed from June 4-8 to spread awareness on financial matter, he said.

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