India

Punjab hikes petrol, diesel prices

Cost of one litre of petrol in the state will now be Rs 98.65 while diesel prices will be Rs 88.95 per litre

Chandigarh: Cash-strapped Punjab government on Sunday increased petrol price by 92 paisa per litre and diesel price by 88 paisa.

This is the second time this year that the prices have been increased.

The cost of one litre of petrol in the state will now be Rs 98.65 while diesel prices will be Rs 88.95 per litre.

With the hike in price, the state aims to generate Rs 600 crore per annum as revenue, said officials.

They said despite the increase in prices, diesel in Punjab would be cheaper than neighbouring Haryana, and both diesel and petrol cheaper than Rajasthan.

This post was last modified on June 11, 2023 12:08 pm

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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