Updated B. G. Prasad Socioeconomic Status Classification for the Year 2023
Prasad
Christian ministry
Value (mathematics)
Per capita income
DOI:
10.4103/jiaphd.jiaphd_123_23
Publication Date:
2023-06-30T17:01:16Z
AUTHORS (7)
ABSTRACT
Dear Editor, Socioeconomic status (SES) is recognized as a significant determinant of an individual's health. SES determined by various factors such education, occupation, income, and material possessions. In the context classifying individuals based on their SES, two widely used scales are B. G. Prasad Scale Kuppuswamy Scale. The applicable to both rural urban populations was first introduced in 1961, with subsequent revisions 1968 1970.[1–3] calculates per capita monthly which obtained dividing total family income number members. One advantage using its simplicity relying solely variable for classification. However, it crucial update categories periodically account changes value currency due inflation, ensuring continued relevance criteria. REVISION OF PRASAD SCALE initially Consumer Price Index (CPI) 1960 serving base 100. years, modifications were made scale. 1982 2001, linking convert CPI those years (based new 100) back old 1960. 2001 4.63 4.93, respectively. More recently, Ministry Labor Bureau amended year 2016, incorporating factor 2.88.[4] This change aimed reflect series all India individual center-wise CPIs industrial workers, taking into latest consumption patterns working-class population. CALCULATION THE NEW INCOME RANGES workers March 2023 = 133.3. Multiplication current index (133.3)/base 2016 (100) 1.333. can now be calculated following equation: New Factor × Old Income Value 4.93 2.88. Where 4.63, 2.88 given labor bureau. updated values (in Rs. month) Table 1.Table 1: Revision Prasad's socioeconomic classification revised (base 2016=100)Financial support sponsorship Nil. Conflicts interest There no conflicts interest.
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