The main economic activity in Palampur is agriculture. The village is primarily dependent on farming for its livelihood. The villagers cultivate various crops like wheat, rice, sugarcane, and potatoes. Apart from agriculture, there are other economic activities that take place in Palampur. Let's discuss them in detail:

1. Agriculture: Agriculture is the main source of income in Palampur. The farmers use various techniques to cultivate crops like wheat, rice, sugarcane, and potatoes. They use traditional farming methods like ploughing, sowing, and harvesting.

2. Dairy Farming: Dairy farming is another significant economic activity in Palampur. The villagers keep cows, buffaloes, and goats to produce milk, which they sell in the market. The milk is also used to make products like butter and cheese.

3. Handicrafts: The villagers of Palampur are skilled in making handicrafts like baskets, mats, and brooms. They sell these products in the market and earn a decent income.

4. Small-Scale Industries: Palampur has small-scale industries like flour mills, oil mills, and jaggery making units. These industries provide employment opportunities to the villagers.

5. Transportation: The villagers of Palampur operate their own means of transportation like bullock carts, horses, and tractors. They use these means to transport goods and people from one place to another.

In conclusion, Agriculture is the primary economic activity in Palampur, but other activities like dairy farming, handicrafts, small-scale industries, and transportation also contribute significantly to the village's economy.

Farming is the main economic activity in the village Palampur.