ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Economic Development in Punjab

Policy Challenges and the Way Forward

Punjab's Economic Development in the Era of Globalisation edited by Inderjeet Singh, Sukhwinder Singh and Lakhwinder Singh, Delhi: LG Publishers, 2014; pp 383, Rs 1,035.

Economic globalisation and domestic structural adjustment programmes have opened up many development and social sectors to new competition and policy changes in the developing world. In this context, a book on Punjab’s economic development in the era of globalisation is very timely. The volume is divided into seven parts with a total of 15 papers, and an introduction by the editors.

The editors describe the history of Punjab and the course of its growth and development mainly due to the Green Revolution. They argue that despite the Green Revolution, the state continues to be heavily dependent on agriculture. They highlight the various effects of Green Revolution on the standard of living and poverty. The agrarian crisis in Punjab which had set in during the 1970s continues and the political turmoil at the same time has upset the normal course of economic development in the state. They also identify two main responses to this crisis of capitalist economic development. One view emphasised long-run sustainability based only on agricultural growth, resulting in increased policy focus on the agricultural sector. Another view suggested moving away from agriculture to industrial development. The introductory chapter highlights different perspectives that explain the slowdown in Punjab’s economy.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


To gain instant access to this article (download).

INR 59

(Readers in India)

$ 6

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.