Reservation on financial grounds sounds good and looks straighforward. But don't you think it will suffer the same or worse fate as caste-based reservation. What is the ground of reservation as it is today: Caste. Is this not being abused/misued/subverted by the capable people belonging to any caste thereby denying its benefits to those who actually need it?

For one, how will you determine is someone is indeed financially so weak as to require reservation? Let's say, there is a vacancy for some post in a govt. office whereby some 10 seats are reserved for the financially weak people. Now, from the hundreds of thousands of applications claiming to be financially weak, how will you determine who the genuine ones are? Will you set after each and every such applicant to look at their bank details, living conditions and so on? Or will a sort of "card" be issued to them that says that the person is financially backward - can't such card be issued to to people willing to bribe their way to get it?

In our country where any rule or law can be bent because of corruption, reservation based on financial status would be even worse than caste based reservation in that its benefits would even more rarer in reaching the needy - in caste based reservation there is at least some chance of the needy getting it, and this can be verified.