The consumer price index for rural labourers has been considered the price inflator. CPI-RL for December 2021 is the latest available, and has been considered as the representative index for the end of 2021-22. If at all, this would only be at the lower end of actual price rise that will happen till March 2022. Further, CPI inflation for rural labourers has been considered at 4.5 per cent in 2022-23, based on Reserve Bank of India’s latest assessment (February 2022) for CPI General Index. For 2022-23, net national income is assumed to grow by 11 per cent, based on the Union Budget’s assessment that nominal gross domestic product will grow 11.1 per cent in FY23. Private final consumption expenditure and Gross Fixed Capital Formation is assumed to grow by 7 per cent in FY23 based on the pre-slowdown trend.