Punjab is India's granary. It is famous for its energetic people and its success in developing into a rich state based on rapid agricultural growth.
In size, Punjab is a relatively small State situated, covering an area of 50,362 square kms. The State has apopulation of 2.52 crore, accounting for 2.36 per cent of the national population. The gross State domestic product (SDP) contributes around 3 per cent of the gross domestic product of the country. Services held the largest share of 39 per cent in Punjab's SDP, closely followed by agriculture holding a share of 38 per cent. The industrial sector is relatively small, accounting for a meagre 23 per cent of the SDP.
Punjab produces about 22 per cent of India's wheat. The State boasts ofthree thermal power plants and six hydro-power plants. Punjab was thesecond largest producer of spun yarn in the country and the third largest producer of mill-made fabric.
The Monthly Review of Punjab Economy gives an overview on the situation of
- Agriculture
- Performance of the main industry
- Infrastructure sector in the State