socio economic policies
TRANSCRIPT
8/8/2019 Socio Economic Policies
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Punjab state profile
19th-largest state in India
Chandigarh is the state capital
accounts for 1.54 per cent of the total land area.
Amritsar, Ludhiana, Jalandhar, Bhatinda, Pathankotand Patiala are the key cities in the state
Punjab has three major rivers flowing through it.
They are the Ravi, Beas and Satluj. punjabi,Hindi,English and Urdu are major languages
spoken.
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Advantage Punjab
Hub for textile based industries
Policy and fiscal incentives
Fertile and productive land Facilitating infrastructure
High infrastructural growth
Stable political environment
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Socio economic snapshots
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Punjab¶s GSDP
GSDP of Punjab was US$34.5 billion in 2008-09.
CAGR of GSDP from 2002-03 to 2008-09, was about11.07 per cent.
13th amongst the all Indianstates in terms of GSDP
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Punjab¶s NSDP
NSDP of Punjab wasUS$ 30.7 billion in2008-09.
CAGR of NSDPbetween 2001-02 and2008-09 was about10.98 per cent
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The tertiary sector was comprised39 per cent.
The primary and secondaryaccount for about 84 per cent of
theG
SDP
growth rates of 8 per cent to 10 per cent between 2000-01 and 2008-09.
Punjab has strong primary andtertiary sectors
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Per capita GSDP in 2008-09 was US$1,234.7.
CAGR of 9.05 percent between 2001-02 and 2008-09.
Ranks amongst the top five states in terms of percapita income.
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Industrial development of Punjab
PSIIDC and PSIEC are jointlyresponsible for the development of industrial infrastructure in the state.
PAIC is responsible for developmentof agro-based units.
³UdyogSahayak´ as state-level nodalagency and district industry centres asthe district-level committee.
development of several specialeconomic zones (SEZ)
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Food grain industry
Cereals accounts 89 per cent of thetotal agricultural production
In 2004-05, the total production of food grains in the state was over 27.1 million metric tonnes
wheat was the major crop followed
by rice, cotton and sugarcane
second-largest producer of wheatin the country, with a share of around 20 per cent of the totalwheat production
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Punjab¶s export trends
Punjab¶s total exportswere US$30.19billion in
2008-09,which were13.32 percent higher than in 2007-08.
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Punjab has been a major exporter of yarns andtextile, sporting goods
Ludhiana,Jalandhar and Amritsar account for 90percent of the total exportsof Punjab.
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Investments and FDI Inflows
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FDI inflows from April 2000 to October 2009 amounted to US$
3.9* billion. A large part of it has been in the constructionsector.
As of December 2008, electricity and energy sector have thehighest share of the outstanding investments followed by the
services sector and manufacturing.
The construction and irrigation sectors account for about 8.7
per cent of the total outstanding investments.
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Sector-specific policies
Industrial Policy, 2009
Agro Industrial Policy, 2009
IT/ Knowledge Industry Policy, 2009
Notification Textile Policy, 2006
Biotech Policy, 2006
Tourism Policy, 2003
New and Renewable Sources of Energy (NRSE)
Policy, 2006 Land Allotment Policy, 2002
Special Economic Zone (SEZ) Act, 2009