Punjab's agriculture expected to grow by 3.70 per cent: Minister
Darpan News Desk IANS, 10 Apr, 2023 09:58 AM
Chandigarh, April 10 (IANS) Punjab Finance Minister Harpal Cheema on Monday said agriculture and allied sectors in the state are expected to grow by 3.70 per cent, industry by 4.33 per cent and services sector by 6.78 per cent, as per advance estimates of 2022-23.
"As compared to agriculture in general, the allied sectors are showing faster growth over the recent years," he said while quoting 'Punjab State at a Glance 2022', a collection of important statistical data, which was released here.
The livestock sector, he said, with rapid growth is becoming a major contributor to the growth of the agriculture and allied sector.
"The livestock sector is likely to grow by 4.18 per cent in 2022-23," Cheema said, while adding the livestock sector's share in total Gross State Value Added (GSVA) of Punjab was 11.1 per cent during 2022-23.
He said the per capita income of Punjab is expected to be Rs 1,73,873 in 2022-23 as per advance estimates compared to Rs 1,70,620 at the national level. State inflation figures were also remained below than those at the national level with few exceptions.
The inflation was at its peak in April 2022 and showed a downward trend in the next few months with the exception in June 2022. "It remained benign till October when it touched the bottom with 4.5 per cent but it started an upward trend in November and December 2022."
Cheema said Punjab has a large chunk of working population in the age of 15-64 years, which stood at 70.15 per cent of the total population in 2021. "A total of 26.11 per cent of them belong to the age of 15-29 years. It is both an advantage as well as a challenge for the state," said the Finance Minister, while adding the government has taken initiatives to provide good education and better job opportunities to channelise the youth energy under the mission 'Rangla Punjab'.
Thanking the Finance Minister for releasing the book, Vikas Pratap, Principal Secretary Planning, said the source agencies of the sectoral data contained in this book has been indicated under each table.
The single volume handy book carries data on all important items relating to different sectors of Punjab economy, besides reflecting the latest available data on important socio-economic indicators of Punjab's economy.
Gurjot Singh Kaler, working as a senior police officer in Punjab as AIG (Excise and Taxation), was awarded with the Shaheed-E-Azam Bhagat Singh State Youth Award at the Hussainiwala Border in Ferozepur district on the anniversary of Bhagat Singh that falls on Thursday.
With the arrest of five men, the Crime Branch of Delhi Police has busted a racket that indulged in smuggling and selling skin of Royal Bengal Tigers, an official said on Wednesday. The accused have been identified as Amir Khan, Deepak Kumar, Mohit, Shivam Sisodia, and Rahul Rawat, all residents of NCR.
On expiry on Sisodia's ED custody, which was extended on March 17, he was produced before Special Judge M.K. Nagpal of Rouse Avenue Court. The judge said: "We will send him to judicial custody till April 5." Sisodia is already in judicial custody in the corruption case being probed by the Central Bureau of Investigation.
Prime Minister Narendra Modi on Wednesday said that reducing the regional divide is one of the key priority areas for India during its G20 presidency. Modi said this after inaugurating the new International Telecommunication Union (ITU) Area office and Innovation Centre in India at a programme in Vigyan Bhawan here.
The Chief Minister categorically said this move of the hill state's government is illegitimate and irrational. He said Punjab has legitimate right over the river waters and no one can snatch it from the state. The state will not pay even a single penny for the water flowing through its land.
In a video message, the Chief Minister said Punjab symbolises peace and progress as from this sacred land the great Sikh gurus have given the message of universal brotherhood and well-being of every section to the people.
