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Home Meghalaya

Meghalaya targets $16 billion economy by 2032, $100 billion by 2047

Northeast NewsbyNortheast News
August 16, 2025
in Meghalaya
Meghalaya targets $16 billion economy by 2032, $100 billion by 2047
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Shillong: Meghalaya Chief Minister Conrad K. Sangma on Friday outlined an ambitious roadmap to transform the state into a $16 billion economy by 2032, coinciding with its 60th statehood anniversary.

By 2047, when India marks 100 years of independence, Meghalaya aims to become a $100 billion economy and rank among the top 10 states in per capita income and Sustainable Development Goals (SDGs).

Delivering his address at the Independence Day celebrations in Shillong, Sangma said, “By 2047, when we celebrate 75 years of statehood, we aspire for a developed Meghalaya — a $100 billion economy and a leader in SDG implementation.”

The CM highlighted progress across sectors, including law and order improvements, the Assam-Meghalaya border settlement, and the adoption of digital policing tools like e-Sakshya and e-FIR. Forensic capabilities have also been expanded.

Since 2018, the state has sanctioned 3,500 km of roads and 126 bridges, increasing road density from 43 km to 63 km per 1,000 sq km.

A Rs. 22,864-crore high-speed corridor from Mawlyngkhung in Ri Bhoi to Assam’s Silchar—86 per cent of which falls in Meghalaya—has been approved.

Plans also include expanding Shillong Airport, operationalising Tura’s Baljek Airport, and rolling out a new regional transport scheme.

Sangma announced that 5.39 lakh rural households now have tap water connections—up from just 4,500 in 2019—covering nearly 83 per cent of homes.

In healthcare, maternal and infant mortality rates have dropped by 51 per cent and 37 per cent, respectively, over five years.

The Shillong Medical College is set to begin classes soon, while new dialysis centres, laboratories, and upgraded facilities have been introduced.

Under PMAY-G, 99.71 per cent of the targeted 1.86 lakh houses have been sanctioned, and MGNREGS generated 321 lakh person-days in 2024–25.

Tourism projects worth Rs. 200 crore, including Umiam Lake redevelopment and a Shillong Peak ropeway, are underway.

The state recorded 16 lakh tourist arrivals in 2024 and raised homestay subsidies to 80 per cent.

For sports, preparations for the 39th National Games in 2027 include a Rs. 732-crore, 40,000-seat football stadium at Mawkhanu.

Agricultural exports are rising, with shipments of black pepper to Mumbai and premium pineapples to Dubai.

Schemes like PRIME and CM-ELEVATE have supported over 8,300 entrepreneurs, while Ryndia fabric recently earned a GI tag.

The Green Meghalaya PES scheme now covers 51,000 hectares, alongside Rs. 344 crore for catchment protection.

Urban renewal projects are planned for Ward’s Lake, Iewduh Market, and Polo Grounds.

The Shillong Technology Park Phase II and Tura Tech Park are expected to generate 24,000 jobs.

Sangma urged citizens to join the growth journey, saying, “Together we can place Meghalaya among India’s top 10 states by 2032.”

Tags: Conrad K SangmaEconomyMeghalaya CMStatehood anniversary
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