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HOME-----(OVERVIEW OF PUNJAB)

Punjab is India’s most agriculturally advanced state. It also has a strong base in industry, technology, infrastructure and human resources and has historically been the state with the highest per capita income in the country. For 1996-97 the provisional estimate of per capita income is about Rs. 18,000 (US $450).

The salient features of Punjab’s economy are summarized by the statistics below:

Per-capita income at current prices 1996-97	Rs. 18,200
State GDP at current prices 1996-97	Rs. 464.44 billion
Annual rate of growth of state GDP (1996-97)	6.76
Average annual rate of growth of state GDP (1992-93 to 96-97)	4.81
Share of agriculture and animal husbandry in state GDP	42.0
Share of industry in state GDP	24.6
Share of services in state GDP	33.4
Annual budget of the State Government (1996-97)	Rs. 67.597 billion