You want a level playing field, provide quality education to all - from kindergarten to "higher studies".
One idea ...We are looking at a developed India. We are encouraging corporate growth to pump in finance and job oppurtunities. Why not make it mandatory for companies,partnerships,proprietorships to support education - in proportion to the size of their organization. Lets not make it an MNC versus Indian Company issue. Lets make it corporate social responsibility. For this is really where we can gather some money - you make money making toothpaste or creating software or running a kirana dukaan - you make sure you pay your way in the country that you make it in. Create a future generation of capable Indians. Support education - in villages, in slums, in metros. Buy and maintain desks and labs, pay good salaries to teachers, provide uniforms,decent food to kids. This is non-governmental. No bribery corruption. Indeed bigger organizations could have staff dedicated to this happening without any corruption. Now THAT is a reservation - 10% staff dedicated to educating the next generation. Their promotions & bonuses based on the results and transparency.