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"Unemployment and inflation at peak and paper leaks are happening in every state," said Priyanka Gandhi.
The rate increase cycle was paused in April last year after six consecutive rate hikes aggregating to 250 basis points since May 2022.
PM Modi releases a commemorative coin to mark 90 years of the RBI
The revised price will be applicable from 6 am on Friday.
The data, covering household consumption expenditure for 2022-23, indicates that per capita monthly household expenditure has more than doubled compared to figures from 2011-12.
The Congress and the AAP are constituents of the INDIA bloc, formed by opposition parties to take on the BJP in the upcoming general elections.
The adjustment marks the first change since 2014, as prices were maintained untouched during the tenure of the first Left Democratic Front (LDF) government.
RBI Governor Shaktikanta Das on Thursday said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent.
Modi's nearly 100-minute speech was laced with sharp attacks on the Congress and the Gandhi family, he said the party "never trusted India's potential".
The AICC chief said the Modi government's policies have affected minorities and women most.