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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).
Wheat imports led to a glut of wheat in the market, causing prices to fall and farmers to struggle to sell their produce at a reasonable price. [1] Farmers were getting Rs 2,800 to Rs 3,000 for 40 kg of wheat while a support price of Rs 39,005 was promised. Due to this crisis, farmers resorted to protests in Lahore and many other Pakistani ...
A map of worldwide wheat production in 2000 Wheat is one of the most widely produced primary crops in the world. The following international wheat production statistics come from the Food and Agriculture Organization figures from FAOSTAT database, older from International Grains Council figures from the report "Grain Market Report".
Pakistan's largest food crop is wheat. As of 2018, According to the ministry of agriculture, Pakistan wheat output reached 26.3 million tonnes. [11] In 2005, Pakistan produced 21,591,400 metric tons of wheat, more than all of Africa (20,304,585 metric tons) and nearly as much as all of South America (24,557,784 metric tons), according to the ...
By 1910, wheat made up 22% of Canada's exports, rising to 25% in 1930 despite the sharp decline in prices during the worldwide Great Depression. [116] Efforts to expand wheat production in South Africa, Kenya and India were stymied by low yields and disease.
[11] [12] As of 2013, the GDP of Faisalabad was estimated at $43 billion [13] and projected to rise to $87 billion in 2025 at a growth rate of 5.7%. [14] Faisalabad contributes over 10 percent to the Punjab's GDP and has an average annual GDP (nominal) of $20.5 billion. [13] Agriculture and industry remain its hallmarks. [15] [9]: 41
The Punjab Food Department is a department of Government of Punjab, Pakistan. It is responsible for regulating business of food grains which include purchase, storage, sales and milling. [ 1 ]
The Commission introduced a number of price policies including procurement at pre-decided prices, minimum support prices and a distribution system to supply food grains at subsidised rates. [ 18 ] [ 1 ] This body was reconstituted into the Commission for Agricultural Costs and Prices (CACP) in March 1985 with a new and broader terms of ...