Home Latest Commercial LPG Price Hike in India 2026 – Congress Slams PM Narendra Modi Over Rising Inflation
Latest

Commercial LPG Price Hike in India 2026 – Congress Slams PM Narendra Modi Over Rising Inflation

Share
commercial lpg price hike 2023769
Share

India is witnessing a fresh political and economic flashpoint after a steep increase in commercial LPG cylinder prices. The Congress party has strongly criticized Prime Minister Narendra Modi, accusing the government of fueling inflation and burdening small businesses.

Commercial LPG Prices Surge Sharply

In a significant move, the price of a 19 kg commercial LPG cylinder has been increased by Rs 993, bringing the total cost in Delhi to Rs 3,071.50. This marks one of the steepest hikes in recent months.

However, domestic LPG cylinders (14.2 kg), used by approximately 33 crore households, remain unchanged providing temporary relief to residential consumers.

Congress Attacks Government Over Inflation

Taking to X, Congress leaders branded the prime minister as “Inflation Man Modi,” highlighting a cumulative increase of Rs 1,518 in commercial LPG prices over the past four months.

The party alleges that:

Repeated price hikes are hurting small businesses

Restaurants, vendors, and SMEs will face increased operational costs

Inflationary pressure may rise further in coming months

Government & Oil Companies Respond

State-owned Indian Oil Corporation defended the decision, stating that the revision applies only to commercial and bulk LPG categories, which account for less than 1% of total consumption.

Key points from officials:

No change in domestic LPG prices

Around 80% of petroleum products remain unaffected

Some fuel categories have seen price reductions

Global Crude Oil Impact

The price hike comes amid volatility in global oil markets. Brent crude oil recently surged to $126 per barrel before easing to around $113.

As an import-dependent economy, India remains highly sensitive to such global energy price fluctuations.

Economic Impact & What Lies Ahead

While households are currently shielded, the increase in commercial LPG prices is expected to:

Raise food and service costs

Impact small and medium-sized businesses

Potentially contribute to broader inflation trends

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *