Caste system with its class dynamics bestows on India the dubious distinction of the highly stratified society in the World. In this backdrop, the present paper analyzes the ethnography of educational functionings of the poor. For this, theoretical strands of both Capabilities Approach and Social Capital theory have been consulted. The reflexive insights have been derived from a restudy of the Sripuram village in South India. This village has been studied by renowned Indian Sociologist Andre Beteille in 1960. The present research revisited Sripuram nearly after five decades to comprehend the qualitative changes in the field. This has successfully resulted into the examination of the methodological implications of ethnography and theoretical inferences of educational functionings on capabilities formation.