The Punjab Government has not only lacked an industrial policy for a long time, but there has been a continuous deterioration in the infrastructure required for industries
After independence till the year 2011-12, Punjab was considered to be one of the rich and prosperous States of India. In the year 2000-01, the per capita income of Punjab was not only the highest in the country, but it was also 9 per cent more than the second richest State, namely, Haryana. But in the year 2012-13, the per capita income of Punjab slipped to the second position and today Punjab has reached the 10th position in terms of per capita income among the States with a population of more than 1 crore and the 19th position among all the States, and has now become the second slowest growing States in the country.
In the year 2011-12, when Punjab’s per capita income was the highest in the country, the share of agriculture was 24 per cent, that of industries 28.4 per cent and that of services 47.6 per cent. But by the year 2022-23, the share of agriculture had increased to 28.94 per cent, while the share of industries and services was reduced to 25.51 per cent and 45.91 per cent respectively. It can be assumed that the industry and service sector have shrunk in Punjab. While talking about its neighbouring State Haryana, the share of industries in GDP in Haryana has increased from 25.90 per cent to 28 per cent between the years 2011-12 and 2021-22. The share of industries in Gujarat has increased from 36 per cent to 43 per cent during the same period, and in Tamil Nadu from 27.9 per cent to 33 per cent.
It can be understood that during this period, deindustrialisation has taken place in Punjab. Although Punjab is famous in the world for its population migrating to different parts of the world, since the beginning, after independence, a large number of Punjabi people migrated to the USA, Canada, Europe and many other countries. Punjab benefited a lot from these migrant Punjabis. The money sent to........