The rural economic system of
Punjab witnessed agricultural modernization, discount of prevalence of rural poverty
and meals surpluses that had supplied the direly wanted meals safety to the country wide
economic system. Other foremost major exports gadgets from the nation are ready
made clothes and hosiery, engineering goods, sports activities goods, yarn and textiles
and hand tools.
Punjab is predominantly an agrarian nation and greater than 60% of the populace lives in rural areas. Although, the nation gets scanty rainfall, the rivers in
the vicinity offer respite. However, the unemployment scenario is vital and
wishes to be addressed with greater funding in growing process orientated education
system. The top industries are
textile, meals processing, beverages, sports activities goods, engineering goods, chemicals,
handicrafts, tourism and IT and electronics. The nation has
gained severa awards in athletics, kabbadi, weight lifting, hockey and kho-kho. The price of financial development of Punjab economic system, in
relation to the nation‟s common financial increase in addition to with different rapid growing
Indian states, has remained pretty gradual. Contrary to the expectation, the publish reform
financial overall performance of Punjab economic system became it from a main nation of Indian
economic system to laggard one. The nation is abound with wealthy
cultural culture and historical past coupled with suitable infrastructure, which makes
the nation, one of the favorable vacation spot with the aid of using home and international
tourists.
