What factors prompted the government to slash LPG cylinder prices in India

Opposition parties claim that fear of the INDIA bloc influenced the government's decision to reduce LPG cylinder prices. Analyze the situation and identify the factors that led to the price reduction.
- A rise in international crude oil prices: The government reduced LPG cylinder prices in response to the increasing global crude oil prices. LPG prices are closely linked to international oil prices, and as they rose, it put pressure on the government to provide relief to consumers. - Public outcry: The soaring prices of LPG cylinders created discontent among the public. High LPG prices were impacting the budget of millions of households, leading to widespread protests and criticism of the government's handling of the economy. - Political pressure: Opposition parties capitalized on the public displeasure and used it to question the government's policies. They accused the government of being indifferent to the escalating prices and claimed that it was a result of the government's ties with the INDIA bloc, a group of oil-producing countries. - Upcoming elections: The reduction in LPG cylinder prices could also be seen as a politically motivated move, with the government trying to address public concerns and gain favor in the run-up to elections.
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