Caste as Social Capital

Many consider caste as an outdated institution, though it thrives in post-liberalization India. That being the case, caste has only been studied from a religious, social and political angle. It is grudgingly accepted that caste has economic ramifications. For instance, the establishment and running of businesses tap into caste networks, both in terms of arranging finance and providing access to a ready workforce. Despite that, any study of this aspect has been limited to looking at caste groups in terms of their per capita income, their representation in various professions and other statistical details.