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One of the most key determinant of a person’s nutritional condition, health, illness, and death is their socioeconomic level. When conducting community-based studies, it is vital to determine the socio-economic level of the study participants, as this determines the incidence and prevalence of numerous health disorders. Modified BG Prasad socioeconomic classification is most widely used scale to determine the socioeconomic status of study subjects in health studies in India. This scale is based on the per capita income of an individual and has to be constantly updated by taking into account the inflation and depreciation of rupee, because the rupee’s value will depreciate owing to inflation, and economic variables will lose their significance. It is calculated by using the consumer price index (CPI) for industrial workers (IW). The monthly updated values of Consumer Price Index are available at the Labour Bureau of India website on the last day of every month.
Sharma et al. (Sat,) studied this question.