Industrial revolution

Emergence and Background Beginning of geographical discoveries and direct sea routes opened new avenues of Trade and Commerce. It formed the bedrock of Industrial revolution as mismatch between demand and supply led to new innovative ways of enhancing production. Second factor was emergence of capitalist ideology. Profit making became the core of all economic activities … Read more

Agricultural Production and Cropping Pattern in Punjab

Agricultural Production and Cropping Pattern The total production of foodgrains has increased over the years. It was 192.18 lakh metric tons in 1990-91 and showed increase of 38.95% in 2014-15(P) i.e. 267.03 lakh metric tons. Further, it is estimated that the production of foodgrains would be 286.05(E) lakh metric ton in 2015-16.  The production of … Read more

Agriculture of Punjab

Punjab holds place of pride among the Indian States for its outstanding achievements in agricultural development. The state has witnessed tremendous increase in the agricultural production during the Green Revolution period, mainly due to healthy mix of institutional and technological factors. Agrarian economy, consolidation of landholdings, reclamation of new agricultural lands, development of Irrigation, use … Read more

Punjab Public Finance and fiscal Policy

Punjab PUBLIC FINANCE and Fiscal Policy:- Introduction Punjab economy was India’s leading state economy during the pre-reforms era, especially after the Green Revolution. Thus, Punjab acquired the status of being the most vibrant and prosperous state. Over a long period, Punjab remained at the first position in terms of per-capita income. The state has lost … Read more

Punjab Food security

Punjab Food Security Food Security:- Food  security  is  achieved,  when  all  people,  at  all  times,  have  physical,  social  and  economic access  to  sufficient,  safe  and  nutritious  food  to  meet  their directly  needs  and  food  preferences  for  an active  and  healthy  life. Introduction:- Punjab has done its fair share to ensure India’s food security by dedicatedly … Read more

Trade and Commerce in Punjab

Trade and Commerce in Punjab Punjab was the first Indian State to use agricultural technology to engineer a “Green Revolution”, recording the highest Growth rate in food production. Today, with its rich agricultural Resources and favourable Climate, the state continues to be one of the largest producers of food grains and Cash Crops in the … Read more

Punjab Tax and Economic Reform

Punjab Tax and Economic Reform   Tax is very important very important part of government revenues. But sometimes it is necessary to reform the tax structure keeping eye on current economic conditions. We will learn about Tax and Economic Reforms in Punjab in the following paragraphs. Fiscal Reforms in Punjab Monetary changes frame a vital piece … Read more

Project and Schemes of Punjab

  Punjab schemes are following:-                  Punjab Crop Loan Waiver Scheme to Waive Off up to Rs. 2 Lakh for each Farmer:- The state administration of Punjab is good to go to dispatch Crop Loan Waiver Scheme 2017 for little and minimal agriculturists over the state. In June, government has made a declaration that little and … Read more

Punjab Planned Development

Punjab Planned Development Department of Planning and Planned Development The Department of Planning manages all issues identifying with the definition, development, evaluation and correction of Annual Plans and Five Year Plans; and sub-plans for sub-bumpy, wager, outskirt and other extraordinary zones. The office conducts business on all issues identifying with coordination of Plans of the … Read more

An Introduction to Punjab Economy

An Introduction to Punjab economy Introduction According to the State Hunger Index of India, the Punjab state has least level of appetite in the nation. The place that is known for Punjab has an extremely rich richness on earth. This locale is a perfect place for development of wheat, rice, natural products, sugar stick and … Read more

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