Economic Downfall of Punjab

The INC Government economic mismanagement of Punjab in regards to mounting debt, coupled with poor business has paved the way for rapid de-industrialisation and economic decline in the state.

  • The state’s economic growth rate has seen a sharp decline from 6.87% in 2016-17 under SAD to 3.98% in 2019-20 under the Congress.116 The state is set to further experience negative growth in 2020-21.