Meghalaya has emerged as one of India’s fastest-growing states with three consecutive years of nearly 10% real GSDP growth post-COVID, while maintaining borrowings far below the national average, Chief Minister Conrad K. Sangma said on Wednesday during his reply to the Budget discussion in the Assembly.
Meghalaya has set an ambitious target to grow into a ₹85,787 crore economy by FY28 as part of its Vision 2032 roadmap, banking on aggressive capital expenditure, welfare expansion and strategic fiscal management.
Improved physical connectivity and seamless mobility
Increased budget expenditure for road infrastructure from ₹1,108 crore in 2018-19 to ₹1,788 crore in FY 2023-24.
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