MP Economic Survey 2025-26: 11.14% Nominal Growth, GSDP Likely to Touch ₹16.69 Lakh Crore

The Economic Survey 2025-26 reports Madhya Pradesh with robust real GSDP growth, rising per capita income, and balanced expansion across agriculture, industry and services. It highlights improved education, healthcare, rural infrastructure, and urban development, underpinning a resilient and inclusive economic trajectory for the state.

According to the Economic Survey 2025-26, Madhya Pradesh's economy is growing at a fast pace. The state's Gross State Domestic Product (GSDP) is estimated to reach ₹16.69 lakh crore. The real growth rate has been assessed at 8.04 percent. The report records a rise in per capita income, a balanced fiscal position, and strong expansion in the rural, industrial and services sectors.

The survey states that in the financial year 2025-26 the nominal GSDP growth rate is likely to be 11.14 percent. With this estimate, GSDP may reach ₹16.69 lakh crore. At constant prices, GSDP is estimated at ₹7.81 lakh crore. Compared to ₹7.23 lakh crore in 2024-25, this reflects a real growth of 8.04 percent.

Per Capita Income and Social Indicators

According to the report, the state's per capita income has changed significantly over the long term. In 2011-12, per capita income was ₹38,497. By 2025-26 it has risen to ₹1,69,050. At constant prices, per capita income has reached ₹76,971, indicating improvement in living standards.

Data from the education and health sectors also present a positive development picture. As per the survey, the dropout rate at the primary level is now zero. At the upper primary level it has reduced to 6.3 percent. About 10.37 percent of the total budget is being spent on education. The increase in the number of technical institutions has strengthened skill-based education.

Sector-wise GSDP Contribution

The report provides a detailed analysis of the production structure. In the financial year 2025-26, the contribution of the primary, secondary and tertiary sectors appears balanced. The primary sector accounts for the largest share. The secondary sector contributed through industrial activities, while the tertiary sector supported growth through trade, tourism and services.

Sector-wise Contribution (Percent, 2025-26):

Primary sector (total): 43.09%

Crop production: 30.17%

Secondary sector (total): 19.79%

Construction: 9.22%

Manufacturing: 7.22%

Energy and utility services: 3.35%

Tertiary sector (total): 37.12%

Trade, hotels and restaurants: 10.35%

Agriculture, Rural and Tourism Development

Agriculture sector data show strong growth in production. In 2024-25, total crop production increased by 7.66 percent. Foodgrain production registered a growth of 14.68 percent. Milk production is estimated to reach 225.95 lakh tonnes. Livestock, forestry, fisheries and mining also supported the economy.

There was a clear emphasis on improving rural infrastructure. Under rural development programmes, 72,975 kilometres of rural roads were completed and 40.82 lakh rural houses were constructed. In the tourism sector, the number of visitors reached 13.18 crore, benefiting hotels, restaurants and local services. Thousands of urban development projects were approved and lakhs of urban houses were completed.

Industry, Startups and Fiscal Position

Industrial activity figures indicate growth in both investment and employment. A total of 1,028 industrial units were allotted 6,125 acres of land. These units involve proposed investments worth ₹1.17 lakh crore and are expected to create around 1.7 lakh jobs. Currently, 1,723 startups and 103 incubation centres are operational in the state.

On the public finance front, the state's position is described as relatively balanced. A revenue surplus of ₹2,618 crore is estimated for 2025-26. The fiscal deficit is expected to remain at 4.66 percent of GSDP. Tax revenue is projected to grow by 13.57 percent. The debt-to-GSDP ratio is estimated at 31.3 percent, indicating progress in debt management.

Health indicators are also included in the report. Distribution of Ayushman cards has expanded public health coverage. A decline in the maternal mortality rate has been noted, suggesting improved access to basic healthcare services. These improvements in social indicators appear linked to economic expansion.

Overall Conclusion

The survey concludes that Madhya Pradesh's economy is expanding rapidly in a balanced and inclusive manner. Agriculture, industry and services are progressing simultaneously. Increased spending on infrastructure, education, healthcare, and urban and rural housing has strengthened the economic foundation. Based on these indicators, the state is counted among the emerging strong economies.