Economy

Main article: Economy of Punjab (India)

See also: Measurement of land in Punjab

Burning of rice residues after harvest to quickly prepare the land forwheat planting, around Sangrur, Punjab

Punjab's GDP is ₹3.17 lakh crore (US$47 billion). Punjab is one of the most fertile regions in India. The region is ideal for wheat-growing.Rice, sugar cane, fruits and vegetables are also grown. Indian Punjab is called the "Granary of India" or "India's bread-basket". It produces 10.26% of India's cotton, 19.5% of India's wheat, and 11% of India's rice. The Firozpur and Fazilka Districts are the largest producers of wheat and rice in the state. In worldwide terms, Indian Punjab produces 2% of the world's cotton, 2% of its wheat and 1% of its rice. The largest cultivated crop is wheat. Other important crops are rice, cotton, sugarcane, pearl millet, maize, barley and fruit. Rice and wheat are doublecropped in Punjab with rice stalks being burned off over millions of acres prior to the planting of wheat. This widespread practice is polluting and wasteful. In Punjab the consumption of fertiliser per hectare is 223.46 kg as compared to 90 kg nationally. The state has been awarded the National Productivity Award for agriculture extension services for ten years, from 1991–92 to 1998–99 and from 2001 to 2003–04. In recent years a drop in productivity has been observed, mainly due to falling fertility of the soil. This is believed to be due to excessive use of fertilisers and pesticides over the years. Another worry is the rapidly falling water table on which almost 90% of the agriculture depends; alarming drops have been witnessed in recent years. By some estimates, groundwater is falling by a meter or more per year.

According to the India State Hunger Index, Punjab has the lowest level of hunger in India.