The Gagasan Rakyat (GR or People's Might) was an opposition Malaysian political coalition. The now defunct political coalition was founded by Tengku Razaleigh Hamzah's formation of Parti Melayu Semangat 46 (S46 or Semangat 46) after leaving United Malays National Organisation (UMNO) that was declared illegal. The coalition consisted Semangat 46, Democratic Action Party (DAP), United Sabah Party (PBS), Malaysian People's Party (PRM), Indian Progressive Front (IPF) and Malaysian Solidarity Party (MSP) as the coalition components. It were also joined by three other component members from its allied opposition Angkatan Perpaduan Ummah (APU) coalition also led by Razaleigh consisting of himself Razaleigh's Spirit of 46 Malay Party (S46), Pan-Malaysian Islamic Party (PAS), Pan-Malaysian Islamic Front (BERJASA), Muslim People's Party of Malaysia (HAMIM) and Malaysian Indian Muslim Congress (KIMMA). On 25 January 1995, DAP withdrew from the coalition while retaining its relations with Gagasan component parties.

Both the Gagasan Rakyat and Angkatan Perpaduan Ummah opposition coalitions under the leadership of Razaleigh were defeated in the 1990 and 1995 general elections, and were subsequently dissolved in 1996 after Razaleigh decided to disband Semangat 46 to rejoin the UMNO.

Not to be confused with Parti Gagasan Rakyat Sabah (also abbreviated Gagasan Rakyat), a different party that was established in 2013 with 20 other parties registered under Societies Act 1966 (Malaysia).

Three others also allied members of the Angkatan Perpaduan Ummah at the same time.

Note: bold as Menteri Besar/Chief Minister, italic as junior partner