While Punjab is endowed with population bonus from a macro perspective, the dividend viewed at a household level has placed Punjab farmers in two major difficulties: the shrinkage of farm size and the underutilisation of the dividend. Due to a dearth of decent non-farm job opportunities, Punjab farmers have struggled to pursue distress-coping strategies. This paper focuses on three primary strategies for survival: land leases, overseas migration, and obtaining informal domestic jobs outside the agricultural sector, based on our unique data of 956 landholders and 254 landless households across Punjab.