The study reviewed the overall performance of the Punjab agriculture along with the emerging important issues. The agriculture sector in Punjab state is in crisis and the negative impacts of intensive agriculture had manifested in many forms. Besides slow down in agricultural growth, escalation in costs of production and falling profitability, reduction in employment elasticity of agriculture sector, increased incidence of landlessness and indebtedness among farmers and farmers’ suicides were major issues afflicting Punjab agriculture. Degradation of natural resources in the form of fall in the ground water table, increasing incidence of nutrient deficiency in the soils including micronutrients and insect-pest attacks on the crops can be major threats to productivity, food grain production and sustainability of agriculture in the long run. Further, the study put light on other important issues concerning state agriculture like natural resources management, farm inputs management, agricultural prices and markets, food security, agricultural research and extension, animal husbandry, dairying and fisheries, post harvest management and value addition along with new initiatives like IT, cyber space and agriculture census.