The Maharani Gayatri Devi Girls’ School was founded by late Her Highness Rajmata Gayatri Devi of Jaipur on 12 August 1943. It was housed initially at Madho Vilas, and in July 1944, moved to its present location. Her concern for the education of the local court women lead her and Maharaja of Jaipur Sawai Man Singhji Bahadur to found the school. Maharaja Ji ordered the Prime Minister Sir Mirza Ismail, and the Education and Finance Minister, Rao Bahadur Amarnath Atal, to allot land and plan the school. It was started with 24 girls and Lilian G. Lutter as first Principal on the lines of the British public school pattern.
MGD was the first girls' public school to be accepted as a member of the Public School Council of India' Conference (IPSC). In 1950, MGD became a center for the Cambridge Examination for Jaipur. In 1962 the school shifted to the Indian School Certificate Board.
The school follows the Central Board for Secondary Education CBSE curriculum. The founder principal of the school was Ms. L.G. Lutter. The principal of the school is Mrs. Suniti Sharma. The school completed 74 years of its existence in 2017 which was marked with a ceremony in rememberance of the founder Rajmata Gayatri Devi Ji of Jaipur in the presence of Rani Vidya Devi Ji, Vice President of the school.