Developing Backward Areas Sindh has had a long-run growth rate of 4.1 percent, the same as the growth rate of the national economy. It enjoyed relative buoyancy between 1999-2000 and 2004-05. However, the growth rate of the economy has faltered after 2009-10 and has come down to 3.3 percent. Punjab has seen less fluctuation in its growth rate over the years. Overall, for the last nineteen years Punjab has managed an average annual growth rate of 4 percent. The Province of Balochistan has unfortunately been the straggler. It has had a growth rate of only 2.7 percent, which was as low as 0.6 percent between 2004-05 and 2009-10. With a higher population growth rate, Balochistan is the only Province which has seen a long-term decline in real per capita income. The Federal Government and Constitutional bodies like the National Economic Council(NEC) and the Council of Common Interests(CCI) will have to accord the highest priority to facilitating the growth process in Balochistan. 25.2. Sectoral Composition of Provincial Economies There are large differences in the sectoral composition of the Provincial economies as shown in Table 25.4. Punjab and Balochistan have the larger share of the economy devoted to agriculture as compared to the other two Provinces. Punjab is by far the largest producer of major crops in the country while Baluchistan specializes in minor crops. Despite the substantial presence of small-scale manufacturing units, overall, the share of industry In Punjab is low, especially in sub-sectors like mining and quarrying, and electricity production and distribution and gas distribution. Table 25.4: Sectoral Composition of the Provincial Economie (Rs in Billion Value Added at 2005-06 prices) Punjab Share (%) of Economy Sindh Share (%) of Economy Khyber­Pakhtunkhwa Agriculture 1474 21.6 502 13.6 225 Industry 998 14.6 1016 27.5 328 Services 4353 63.8 2175 58.9 936 Total GRP 6825 100.0 3693 100.0 1489 Source: Estimated. Share (%) of Economy 15.1 22.0 62.9 100.0 Balochistan 156 141 276 573 Share (%) of Economy 27.2 24.6 48.2 100.0 Sindh, as expected, has the highest share among the Provinces of industrial value added and a relatively low share in agriculture. Sub-sectors like large-scale manufacturing and banking and insurance play a big role in Sindh’s economy. Khyber-Pakhtunkhwa’s economy is concentrated in service activities, especially transport and wholesale and retail trade. It has a big share in electricity generation due to the 247