Five years have passed since the nationwide lockdown announced on 25th March 2020 in India, in the wake of the Covid-19 pandemic, catapulted the migrant workers of the country into an important political category. The despair of thousands of migrant workers trudging miles without food and water to reach home, getting mowed down by trains and lorries on the way, chucked away in inhuman conditions in some quarantine camps in nowhere places, tugged at the heartstrings of the nation as a whole but failed to elicit a responsible, meaningful response from the government. For the first time in the Lok Sabha election manifestos 2024, both the ruling party as well as the opposition have been forced to express concern for the migrants, albeit overlooking some critical areas. This paper through a review of literature shows that the deplorable condition of the migrant workers and the total callousness of the state to take into account their plight cannot be attributed to a single unplanned decision of lockdown; rather any discussion on migration or their condition is insufficient without understanding the changing dynamics of global production and the trajectory of Indian economy as a whole especially in the post-reform era. It presents the fact that the precarious existence of the migrants is not something new but an inevitable outcome of this trajectory that has successfully convinced us that There is no Other Alternative (TINA syndrome)There is no Other Alternative (TINA) syndrome possible. In an era when informalization of labor is the norm, it is not surprising that migrant workers will be impoverished. The foot looseness of the migrant workers should be looked upon as a continuity of this process of informalization and not some isolated event triggered by the unplanned decision of lockdown. Finally, the paper concludes that the phenomenon of migrancy is a part of the broader phenomenon of growth of informal unemployment, which is a characteristic of capitalist development in post colonies where those dispossessed by the process of pre-capitalist accumulation cannot be accommodated by the expansion of the capitalist sector.