Punjab is the 15th most developed state in India in terms of nominal per-capita gross domestic product (GDP). Its rank was 6 in the year 2000. Punjab’s average real growth rate has been lower than the national average every decade for the past three decades. Growth has been slower vis-a-vis similarly developed states with comparable shares of agriculture especially between 2011 and 2019. In the past 30 years, services sector has been the primary contributor...
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