During a press conference on Saturday, 21st September 2019, Manipur Chief Minister N Biren Singh announced that Manipur is soon to legalise Medical Cannabis in the state. It will also be legalised for industrial purpose. This was announced under the 'Start-Up Manipur' Scheme announcement.
According to the CM, cannabis oil extractions which help strengthen nerves of the human body can cure patients of paralysis. This initiation is also being made in the interest of boosting revenue in the state.
Singh said, “Our revenue must be strong. Moreover, Cannabis grows in the wild abundantly in Manipur and this can be used for extraction of hemp oil which is known for its medicinal property.”
The Chief Minister requested the people, intellectuals, civil society organisations and media in the state to extend support on the same as other states like Arunachal Pradesh, Uttar Pradesh, and Uttarakhand have allowed the legalisation of Marijuana for medicinal purposes only. This issue will be taken up in the next cabinet meeting.
Marijuana is considered to be best produced in Manipur which holds a huge market attraction from the North Eastern States as well as states like Bihar, West Bengal, Gujarat, Rajasthan and Andhra Pradesh.
Singh shared his views on the same by mentioning that state-owned tax revenue has taken a leap from 587 crores to 1000 crores in 2018-19 from 2016-17. The Gross Domestic State Product (GDSP) has also increased from 4 to 8 percent in the same yearly patterns.
He said “The result speaks for itself that with the advent of the present government there is economic growth in the state.”
In the recent pace of development of Manipur's economy, the state will soon be declared an advanced state. He also added that GDSP is also aimed at increasing to 10 present in the coming future.
“Once a bandh, blockade stricken region has been completely transformed to a region of economic growth,” He concluded.
Apart from this, the CM also announced that the 'Stand-Up Manipur' Scheme has been launched to extend soft loans to the SC, ST, OBC, and Minority entrepreneurs of the state.
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