Why caste still matters in India

Why caste still matters in India

Feb 24th 2014, 23:50 by A.R. | DELHI

INDIA’S general election will take place before May. The front-runner to be the next prime minister is Narendra Modi of the Bharatiya Janata Party, currently chief minister of Gujarat. A former tea-seller, he has previously attacked leaders of the ruling Congress party as elitist, corrupt and out of touch. Now he is emphasizing his humble caste origins. In a speech in January he said “high caste” Congress leaders were scared of taking on a rival from “a backward caste”. If Mr Modi does win, he would be the first prime minister drawn from the “other backward classes”, or OBC, group. He is not the only politician to see electoral advantage in bringing up the subject: caste still matters enormously to most Indians.

The country’s great, liberal constitution was supposed to end the millennia-old obsession with the idea that your place in life, including your occupation, is set at birth. It abolished “untouchability”—the practice whereby others in society exclude so-called untouchables, or Dalits, as polluting—which has now mostly disappeared from Indian society. Various laws forbid discrimination by caste. At the same time (it is somewhat contradictory) official schemes push “positive” discrimination by caste, reserving quotas of places in higher education, plus jobs in government, to help groups deemed backward or deprived. In turn, some politicians have excelled at appealing to voters by caste, promising them ever more goodies. For example Mayawati, formerly chief minister of Uttar Pradesh state (population: over 200m) and just possibly a future prime minister, leads a Dalit party. In another northern state, Bihar, parties jostle to build coalitions of caste groups. Everywhere voters can be swayed by the caste of candidates.

But don’t blame politicians alone. Strong social actors—such as leaders of “khap panchayats” (all-male, unelected village councils) or doughty family elders—do much more to keep caste-identity going. Consider marriages. In rural areas it can be fatal to disregard social rules and marry someone of a different, especially if lower caste. Haryana, a socially conservative state in north India, is notorious for frequent murders of young men and women who transgress. Even in town, caste is an important criterion when marriages are arranged. Look at matrimonial ads in any newspaper, or try registering for a dating site, and intricate details on caste and sub-caste are explicitly listed and sought (“Brahmin seeks Brahmin”, “Mahar looking for Mahar”) along with those on religion, education, qualifications, earning power and looks. Studies of such sites suggest that only a quarter of participants state that “caste is no bar”. Such attitudes also reflect the anxieties of parents, who are keen for children to marry within the same group, because marriages bring extended families intimately together.

As long as marriages are mostly within the same caste, therefore, don’t expect any law or public effort to wipe away the persistent obsession with it. That seems set to continue for a long time: a survey in 2005 found that only 11% of women in India had married outside their caste, for example. What is changing for the better, if too slowly, is the importance of caste in determining what jobs, wealth, education and other opportunities are available to an average person. No caste exists for a call-centre worker, computer programmer or English teacher, for example. The more of those jobs that are created, and the more people escape India’s repressive villages, the quicker progress can come.

 

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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