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The economy of Punjab is the 16th largest state economy in India with ₹ 8.02 lakh crore (US$93 billion) [1] in gross domestic product (GDP) for the 2024-25 fiscal year. It's per capita GDP ranks 19th amongst Indian states with US$3,338 (264,000).
The company was launched in 2014. [1] Its name, Vedantu, is derived from the Sanskrit words Veda (knowledge) and Tantu (network). [2] The organization is run by IIT alumni Vamsi Krishna (co-founder and CEO), Pulkit Jain (co-founder and head of product), Saurabh Saxena (co-founder) and Anand Prakash (co-founder and head of academics).
[1]: 54 In 1858, the Punjab, along with the rest of British India, came under the rule of the British Crown. Following the Indian mutiny, Punjab became a lieutenant-governor's province under the Bengal Presidency. [1]: 54 After the Government of India Act of 1919, Punjab was turned into a governor's province.
Punjab (/ p ʌ n ˈ dʒ ɑː b / ⓘ; [8] Punjabi: [pənˈdʒɑːb] ⓘ) is a state in northwestern India.Forming part of the larger Punjab region of the Indian subcontinent, the state is bordered by the Indian states of Himachal Pradesh to the north and northeast, Haryana to the south and southeast, and Rajasthan to the southwest; by the Indian union territories of Jammu and Kashmir to the ...
A district of the Punjab state of India is an administrative geographical unit, headed by a District Magistrate or Deputy Commissioner, an officer belonging to the Indian Administrative Service. The District Magistrate or the Deputy Commissioner is assisted by a number of officers belonging to Punjab Civil Service and other state services.
The state of Punjab led India's Green Revolution and earned the distinction of being the "breadbasket of India." [1] [2]The Green Revolution was a period that began in the 1960s during which agriculture in India was converted into a modern industrial system by the adoption of technology, such as the use of high yielding variety (HYV) seeds, mechanized farm tools, irrigation facilities ...
The liberalisation of the Indian economy was followed by a large increase in inequality with the income share of the top 10% of the population increasing from 35% in 1991 to 57.1% in 2014. Likewise, the income share of the bottom 50% decreased from 20.1% in 1991 to 13.1% in 2014. [89]
The Punjab Canal Colonies is the name given to parts of western Punjab which were brought under cultivation through the construction of canals and agricultural colonisation during the British Raj. The Punjab underwent an agricultural revolution, with arid subsistence production getting replaced by commerce-oriented production of huge amounts of ...