Meghalaya budget and economy
Farming supports most families in Meghalaya, growing potato, ginger, turmeric (the Lakadong variety is famous), pineapple and other crops. Tourism is growing fast, and the state has deposits of coal and limestone.
Key figures
| GSDP, 2026-27 (budget projection, current prices) | Rs 76,320 crore (13% more than 2025-26) |
|---|---|
| Real growth, 2024-25 (constant prices) | 5.5 per cent |
| Share of the economy, 2024-25 | agriculture 26%, industry 17%, services 57% |
| Per capita GSDP, 2024-25 (current prices) | Rs 1,72,929 |
GSDP (gross state domestic product) is the value of all goods and services produced in the state in a year. Real growth leaves out the effect of rising prices.
Sources
Figures: the Meghalaya budget for 2026-27 and MoSPI estimates, as summarised by PRS Legislative Research (linked below).
Reference links
- PRS Legislative Research: Meghalaya Budget Analysis 2026-27: summary of the state budget
- Ministry of Statistics and Programme Implementation: official GDP and state GSDP estimates
- Reserve Bank of India: Handbook of Statistics on Indian States: official state-wise economic data