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A roadmap for Punjab’s economic revival

The lacklustre performance of the labour-intensive manufacturing sector is a constraint in Punjab’s faster growth.
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3-pronged: The issues of farm, industry and services sectors must be addressed. Sandeep Joshi

PUNJAB, once a leader in India's Green Revolution success story, now finds its economic growth dwindling. It is today placed among the nation's slow-growing states. Between 1981 and 1994, Punjab's real per capita GDP growth of 3.2 per cent mirrored the national average of 3.1 per cent. However, from 1994 to 2020, its per capita GDP grew at 4.1 per cent annually, significantly lower than the national average of 4.9 per cent. Consequently, its per capita GDP, which was 65 per cent higher than the national average in 1994, is now just 20 per cent higher.

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