Malnutrition is often puzzled as undernourishment but it includes undernutrition and over-nutrition. In simple words it means bad diet. In India, child malnutrition is a key public health problem and have a lot of inter-state variations. In case of Punjab, mixed picture of child malnutrition emerges as on the one hand, the proportion of stunted children is high. On the other hand, the proportion of obese children is rising. The present study is based upon unit level secondary data of National Family Health Survey and utilises data of three rounds (2005-06, 2015-16, 2019-21). Around 25 percent, 11 percent, and 17 percent of children were stunted, wasted, and underweight in Punjab. The proportion of wasted, stunted and underweight children had gone down in Punjab, however, the proportion of overweight children has increased in Punjab. The chi-square test statistic reveals that economically weak households have higher proportion of stunted, wasted and underweight children and economically better-off households have higher proportion of obese children in Punjab. The children of Punjab are impacting by twofold setback of menace of malnutrition, therefore, the nutrition policies and health programs of Government of Punjab needs major investment and revamping to curb the child malnutrition.