Punjab budget and economy
Punjab led India's Green Revolution and is still one of the country's main producers of wheat and rice, supplying a large share of the grain bought for the public distribution system. Dairy farming is also important.
Key figures
| GSDP, 2026-27 (budget projection, current prices) | Rs 9.81 lakh crore (10% more than 2025-26) |
|---|---|
| Real growth, 2025-26 (constant prices) | 6.1 per cent |
| Share of the economy, 2025-26 | agriculture 23%, industry 29%, services 48% |
| Per capita income, 2025-26 (current prices) | Rs 2,30,523 |
GSDP (gross state domestic product) is the value of all goods and services produced in the state in a year. Real growth leaves out the effect of rising prices.
Sources
Figures: the Punjab budget for 2026-27 and MoSPI estimates, as summarised by PRS Legislative Research (linked below).
Reference links
- PRS Legislative Research: Punjab Budget Analysis 2026-27: summary of the state budget
- Ministry of Statistics and Programme Implementation: official GDP and state GSDP estimates
- Reserve Bank of India: Handbook of Statistics on Indian States: official state-wise economic data