The correct answer is: a) Infrastructure development.
Infrastructure development is the process of building and maintaining the physical and social structures and facilities necessary for the operation of a society or enterprise. It includes the construction of roads, bridges, airports, dams, power plants, schools, hospitals, and other public facilities.
Infrastructure development is essential for economic growth and social development. It provides the foundation for businesses to operate and for people to live and work. It also helps to improve the quality of life by providing access to essential services such as education, healthcare, and transportation.
In Manipur, the government has allocated a significant portion of the budget towards infrastructure development. This is evident in the construction of new roads, bridges, airports, and other public facilities. The government has also invested in the development of education and healthcare facilities. These investments are expected to boost the economy and improve the quality of life in Manipur.
The other options are incorrect because they are not as important as infrastructure development. Social welfare schemes are important, but they do not have the same impact on the economy as infrastructure development. Education and healthcare are also important, but they are not as expensive as infrastructure development. Debt servicing is the repayment of loans, and it is not a productive use of resources.
In conclusion, the correct answer to the question “A significant portion of Manipur’s budget is allocated towards: a) Infrastructure development b) Social welfare schemes c) Education and healthcare d) Debt servicing” is a) Infrastructure development.