Shillong, Feb 16 (NationPress) Meghalaya Governor C.H. Vijayashankar announced on Monday that the state's economy has approached a doubling over the past seven years, emphasizing that this sustained high growth is a testament to the strength of its people and the government's enduring vision for development.

During the Budget Session of the Meghalaya Legislative Assembly, the Governor highlighted the state's remarkable 9.66 percent real Gross State Domestic Product (GSDP) growth in 2024-25, positioning it as the second fastest-growing state in India, following Tamil Nadu.

“Meghalaya stands out as the only state to maintain an average of 10 percent growth for two consecutive years post the Covid pandemic. Our economy has escalated from Rs 29,508 crore to Rs 59,626 crore by 2025,” he stated, calling this achievement exceptional.

Vijayashankar noted that the government's development blueprint is encapsulated in Vision 2032, aiming to triple the state's economy from 2022 levels and elevate Meghalaya among India's top 10 states regarding per capita income and Sustainable Development Goals.

This vision is being executed via the Meghalaya Excellence Framework, which outlines the state's strategic roadmap.

The Governor pointed out that growth is being propelled by vital sectors such as agriculture, infrastructure, power, water supply, investment facilitation, IT and communications, and tourism, alongside focused social sector initiatives in healthcare, education, livelihoods, and social security.

Emphasizing infrastructure and investments, he mentioned that the state is undertaking 15 externally funded projects exceeding Rs 12,000 crore across various sectors, including roads, power, agriculture, water conservation, and tourism, with backing from international agencies.

He further remarked that central initiatives like PM-DevINE are bolstering connectivity and tourism infrastructure. Vijayashankar also indicated that Meghalaya has drawn in over Rs 1,800 crore in private investments so far and aims to secure more than Rs 8,000 crore by 2032, potentially creating over 50,000 jobs.

He stated that governance reforms, digital platforms, and deregulation have enhanced transparency and simplified business operations.

Referring to national accolades, the Governor mentioned that the Government of India's Economic Survey 2025-26 praised Meghalaya's community-driven climate resilience approach, which includes large-scale spring mapping and water conservation projects.

He concluded that a persistent focus on infrastructure, reforms in the power sector, and sustainable development would guarantee inclusive growth and prosperity for every citizen in the state.