Chandigarh, June 11: 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. Fuel Price Hike in Punjab: Bhagwant Mann-Led Govt Increases VAT on Petrol and Diesel, Check Latest Prices.

With the hike in price, the state aims to generate Rs 600 crore per annum as revenue, said officials. Fuel Price Hike: Himachal Pradesh Government Increases VAT on Diesel by Rs 3.

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

(The above story first appeared on LatestLY on Jun 11, 2023 12:12 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).