The state of Meghalaya provides excellent institutional support through various central and state government agencies viz., North East Council, Ministry of Development of North Eastern Region and Meghalaya Industrial Development Corporation.
At current prices, the Gross State Domestic Product (GSDP) of Meghalaya was about US$ 1.89 billion in 2007-08. The state's GSDP grew at a CAGR of 10.9 per cent between 1999-2000 and 2007-08. Agriculture, tourism, mining, trade, construction and manufacturing industries contributed to the GSDP growth.
At a CAGR of 21.6 per cent, the secondary sector has been the fastest growing among the three sectors from 1999-2000 to 2007-08. The growth has been driven by manufacturing, construction and electricity.
Meghalaya's per capita GSDP in 2007-08 was US$ 751.3. The per capita GSDP has increased at a CAGR of 9.3 per cent between 1999-2000 and 2007-08. The districts of East-KhasiHills, West-GaroHills and JainitaHills contribute to more than 70 per cent of the state's GSDP. Trade, manufacturing, tourism, construction, transportation and agriculture have been the key contributors to per capita GSDP.State Presentation (April 2010)
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