Shillong, Aug 16: Meghalaya stands tall as the second fastest-growing state in the country, just after Tamil Nadu, according to Chief Minister Minister Conrad Sangma.
“Our growth rate for 2024-25 at constant prices is 9.66%; this is double the state’s growth rate of 5.1% in 2018 when the MDA government came to power. I am also proud to share that Meghalaya is the only state in the country which has achieved a consistent growth rate of about 10% over 3 consecutive years post the COVID pandemic. “This is an achievement that all of us should be very proud of. How did Meghalaya transform from a state growing at 5% to a state growing at 10%? Meghalaya’s growth rate in 2015-16 was 2%, 2016-17 was 5%, 2017-18 was 4%, 2018-19 was 5%, and 2019-20 was 5%. In contrast, the growth rates in 2022-23 was 10%, 2023-24 was 11%, and 2024-25 is 10%. This achievement is the result of years of persistence, careful planning, and the hard work of the government”, Conrad said, while addressing the gathering during the Independence Day celebrations, on Friday.
He said Meghalaya government has set an ambitious target to more than double the state’s GDP to Rs 1,40,000 crore over the next seven and a half years and to make Meghalaya one of the top 10 states in the country by 2032.
“We are at a midway point in the 15-year journey, from 2018 to 2032, when we commemorate 60 years of Meghalaya’s statehood. In 2018, our GDP was less than Rs. 30,000 crores. In seven and a half years, we have doubled the GDP to Rs. 59,626 crores. In the next seven and a half years, we will more than double our GDP from the current Rs. 60,000 crores to Rs. 1,40,000 crores,” he said.
“The increased GDP will lead to more jobs for our youth, more opportunities for every citizen, and make Meghalaya one of the top 10 states in the country. This is our Vision 2032, and the government is making every effort to make it a reality,” he added.
