The article presents an overview of the electoral politics of Punjab as it has evolved since partition from the vantage point of Shiromani Akali Dal (SAD), the oldest surviving state level party in India. It is argued that SAD has been the catalyst behind the major shifts in the politics of the post-partition state. Besides being the most successful party, apart from the Congress, since the state's reorganization in 1966, it has had statewide organizational presence. The Panthic party also receives attention, as it claims to be the legitimate custodian of the Sikh community's religious and cultural interests whenever they are perceived to be under threat, and not just their political interests. Post-militancy, the leadership of Badal has been instrumental in affecting a critical shift in the SAD agenda as it now seeks support based on its record at the front of development and governance rather than by evoking ethnic issues. Significantly, while SAD has retained its core social constituency of the rural Sikhs, it has also succeeded in reaching out to the urban Hindus, including the sizable dalits by following a regionalist populist agenda. Its long-standing alliance with the BJP, an urban Hindutva party, has helped the party broaden its support base. Emergence of AAP as the third credible alternative in what has long been a bipolar polity, with the political power remaining either with the Congress or with the SAD/BJP combine, has posed a fresh challenge to the long entrenched parties, most significantly the SAD which is no longer an ideologically driven cadre based driven movement party.