Agriculture is the back bone of Punjab’ economy. Almost 84 per cent area is under agriculture. The cropping intensity is 185 per cent. During the mid-sixties, the Green Revolution transformed the state’s agriculture and contributed significantly in making the country self-reliant in food. This also replaced traditional agricultural practices. Subsidies are introduced for increasing the agricultural production. In this book, an attempt is made to analysis the free electricity given to Punjab farmers during 1996-97 to 2009-10. This book reveals the meaning of subsidy, free electricity given to Punjab farmers, current status of electricity and the impact of free electricity on various aspects of economy.