New Delhi [India], May 1 (ANI): The Indian National Congress on Friday launched a sharp attack on the Centre, calling Prime Minister Narendra Modi 'Inflation Man Modi' and accusing the government of repeatedly hiking commercial LPG cylinder prices, burdening businesses.

The party said the recent Rs 993 hike has added to a series of price increases, alleging that it is putting pressure on businesses and contributing to rising inflation.

In a post on X, the Congress party wrote, ''Inflation Man Modi' has cracked the whip again. Today, the commercial cylinder has become 993 more expensive. In the last 4 months, Modi has increased the price of commercial cylinders like this'

https://x.com/INCIndia/status/2050059561709842654

'1 May: 993, 1 April: 218, 7 March: 115, 1 March: 31, 1 February: 50, 1 January: 111, Total: 1,518. Yes, the commercial cylinder has become 1,518 more expensive in just 4 months. There are still 8 months left in the year. Modi's recovery continues,' the post read.

This comes after Commercial LPG cylinder prices were sharply increased by Rs 993, taking the cost of a 19 kg cylinder in Delhi to Rs 3,071.50 from today, raising costs for businesses while domestic LPG prices remain unchanged.

There has been no change in the price of the 14.2 kg domestic LPG cylinder, which continues to be used by around 33 crore households across the country.

The revision applies only to commercial and bulk LPG categories, which together account for a small share of overall LPG consumption in India. Domestic LPG, which is subsidised and widely used for cooking, has been kept out of the latest price adjustment.

The hike comes against the backdrop of volatile global crude oil prices, which have remained elevated in recent weeks due to geopolitical tensions in West Asia. Brent crude had touched USD 126 per barrel on Thursday, before falling to USD 113 per barrel on Friday.

Since India imports a significant portion of its LPG requirements, domestic pricing of commercial and non-subsidised cylinders is linked to international benchmarks and is revised on a monthly basis. (ANI)