• Punjab‟s fertile and productive soil has accorded it the status of „Granary of India‟ and the „Bread basket of India‟. Occupying only 1.5 per cent of India‟s geographical area, the state Granary of India accounts for about 17 per cent* of the country‟s wheat production and 11 per cent of rice production. This makes it suitable for agro-based industries, dairy farming and products, and other food processing industries. • Punjab has emerged as a key hub for textile-based industries including yarn, readymade garments and hosiery. With the development of apparel parks, favourable textile policy Textile hub and other incentives for the creation of textile infrastructure, the state offers opportunities for investment. • Punjab ranks first in India in terms of infrastructure facilities offered. Punjab‟s road, rail and Best infrastructure air transport network, connectivity, construction of bridges and infrastructure facilities are facilities among the best. • Based on a World Bank study conducted in 2009, Punjab is considered the best place to Conducive business do business in India. It was ranked the third most attractive destination in India for new environment investments in 2012-13. The state‟s policies, incentives for investors and overall macro- economic factors encourage investment. Source: Statistical Abstract Punjab 2012, PHD Chamber, Aranca Research, Directorate of Economics & Statistics- *4th Advanced estimates FertileGrowing and productive demand land Policy and fiscal incentives • The confluence of five rivers makes • Punjab offers industries with a wide Punjab‟s agricultural land rich and range of fiscal and policy incentives productive. Approximately 85 per cent under the Industrial Policy 2009 and of the state‟s land is under cultivation 2013. compared with the national average of • The state has policies to offer sector- 40 per cent. specific incentives to sectors such as • Punjab is one of the largest wheat Information Technology (IT), SEZ and and rice producers in India. It is also a food parks. leading exporter of rice, including the well known Basmati variety. Advantage Punjab High economic Strong infrastructure growth • Punjab has a well developed social • The average GSDP growth rate for and industrial infrastructure. Its the state of Punjab was about 14.1 transport network is one of the best in per cent between 2004-05 and 2013- India, with easy access to key markets 14. such as the Delhi-NCR region. • • The state provides investment Punjab has witnessed impressive opportunities in sectors such as growth in the number of clusters and textiles, agro-based industries, IT & hubs, with the establishment of several ITeS, automotive and auto PPPs. components, sports goods and light engineering goods. PPP: Public-Private Partnership, GSDP - Gross Domestic State Product • Connect all major towns by • Provide quality education to all developing four-lane and six- people, even in rural areas, by lane highways. building one school after every 2 km. • Establish Bus Rapid • Aim to provide education with Transport Systems (BRTS) in practical knowledge through all major cities in the state. workshops and industrial visits. • Establish PHCs and specialty • Encourage SMEs through hospitals covering wider adequate financing and policy areas. Transport Education initiatives to increase • Establish medical and nursing employment. institutions to produce • Set up an SEZ in each region qualified healthcare Health Industries and develop backward and professionals. Vision border areas. 2022 Investment • Check the diversion of • Computerise government Environment departments and adopt e- promotion agriculture/forest land for governance to enhance the urbanisation and ease of doing business. industrialisation. Agriculture Infrastructure • Attract investments from agro- • Ensure that industries adopt based and service sector eco-friendly technologies and industries. rainwater harvesting. • Diversify into other crops after considering their global market • Adopt a mix of energy sources demand. for power generation and at least • Adopt technology in all areas of one captive nuclear power plant. agriculture and encourage • Build international airports in organic farming. each of the regions of Majha, Malwa and Doaba. Source: Confederation of Indian Industry SME: Small and Medium Enterprises, PHS: Primary Health Centres The state has three major seasons – summer (April-June), rainy season (July-September) and winter (October-March). Due to the presence of large rivers, most of the state is a fertile plain. The state has three major rivers flowing through it: Ravi, Beas and Satluj. Parameters Punjab Capital Chandigarh Geographical area (sq km) 50,362 Administrative districts (No) 22 Population density (persons per sq km)* 551 The state is bordered by the Pakistani province of Punjab to its west, Jammu & Kashmir in the north, Himachal Pradesh Total population (million)* 27.7 in the northeast, Haryana in the south and southeast, and Male population (million)* 14.6 Rajasthan in the southwest. Female population (million)* 13.1 The most commonly spoken language of the state is Sex ratio (females per 1,000 males)* 895 Punjabi. Hindi and English are the other widely used languages. Literacy rate (%)* 75.8 Amritsar, Ludhiana, Jalandhar, Bhatinda, Mohali, Pathankot Source: Government of Punjab website, www.punjabgovt.nic.in, and Patiala are some of the major cities in the state. Census 2011 Parameter Punjab All states Source Economy Planning Commission Databook, current prices, GSDP as a percentage of all states‟ GSDP 3.0 100.0 October 2014 Planning Commission Databook, current prices, Average GSDP growth rate(%)* 11.18 11.54 October 2014 Planning Commission Databook, current prices, Per capita GSDP (US$) 1,733.2 1,833.24**** October 2014 Physical Infrastructure Installed power capacity (MW) 10,255.7 258,701.5 Central Electricity Authority, as of January 2015 Telecom Regulatory Authority of India, Wireless subscribers (No) 30,615,363 952,344,219 as of January 2015 Ministry of Communications & Information Broadband subscribers (No) 1,546,150** 94,490,000 Technology, as of January 2015 Ministry of Road Transport & Highways, National Highway length (Km) 2,136.2 96,260 as of January 2015 Airports (No) 3*** 125 Airports Authority of India *Calculated in Indian Rupee terms, **As of March 2014 indiastat.com, ***Includes only operational airports, ,****As of December 2014 Parameter Punjab All states Source Social Indicators Literacy rate (%) 75.8 74.0 Census 2011 SRS Bulletin (www.censusindia.gov.in), Birth rate (per 1,000 population) (2013) 15.7 21.4 September 2014 Ease of Doing Business Department of Industrial Policy & Promotion, FDI equity inflows (US$ million) 1,331* 243,228 April 2000 to January 2015 Outstanding investments (US$ billion) 35.9 2,414.2 CMIE (2013-14) Industrial Infrastructure PPP projects (No) 42 1,339 www.pppindiadatabase.com SEZs (No) 2 347 Notified as of March 2015, www.sezindia.nic.in PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System, *Includes Chandigarh, Punjab, Himachal Pradesh and Haryana Punjab‟s gross state domestic product (GSDP) was US$ GSDP of Punjab at current prices (in US$ billion) 52.6 billion at current prices in 2013-14 as against US$ 21.6 54.7 52.5 billion in 2004-05. 49.6 52.6 CAGR 37.8 The state‟s GSDP increased at a compound annual growth 14.1%* 37.7 41.6 rate (CAGR) of 14.1* per cent between 2004-05 and 2013- 14. 28.2 21.6 24.6 2005-2006 2004-2005 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Source: Planning Commission Databook, December 2014 *In Indian rupee terms Punjab‟s net state domestic product (NSDP) at current NSDP of Punjab at current prices (in US$ billion) prices was US$ 46.6 billion in 2013-14 as against US$ 19.2 billion in 2004-05. 46.4 46.6 48.5 44.3 Between 2004-05 and 2013-14, NSDP increased at a CAGR 14.1%* 37.2 CAGR of 14.1* per cent. 33.7 33.6 25.0 21.7 19.2 2005-2006 2004-2005 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Source: Planning Commission Databook, December 2014 *In Indian rupee terms The state‟s per capita GSDP at current prices was US$ GSDP per capita of Punjab at current prices 1,733.2 in 2013-14, up from US$ 830.7 in 2004-05. (in US$) CAGR 1,849 1,762 1,733 Punjab‟s per capita GSDP expanded at a CAGR of 12.1* 12.1%* 1,708 per cent between 2004-05 and 2013-14. 1,461 1,376 1,348 929 1,044 831 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Source: Planning Commission Databook, December 2014 *In Indian rupee terms Punjab‟s per capita NSDP at current prices was US$ NSDP per capita of Punjab at current prices 1,536.8 in 2013-14 compared with US$ 738.7 in 2004-05. (in US$) CAGR The state‟s per capita NSDP rose at a CAGR of 12.1* per 1,556 cent between 2004-05 and 2013–14. 12.1%* 1,525 1,640 1,537 1,303 1,226 1,199 928 739 820 2005-2006 2004-2005 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Source: Planning Commission Databook, December 2014 *In Indian Rupee terms With a CAGR of 15.9 per cent*, the tertiary sector has been GSDP composition by sector the fastest growing among the three sectors – primary, secondary and tertiary – from 2004-05 to 2013-14 and is also the largest contributor to Punjab‟s economy, CAGR* contributing 49.2 per cent to the state‟s GSDP. The growth 42.6% 49.2% was driven by trade, hotels, real estate, finance, insurance, 15.9% communications, transport and other services.