INDIA POLICY FORUM 2007 INDIAN HIGHER EDUCATION REFORM: FROM HALF-BAKED SOCIALISM TO HALF-BAKED CAPITALISM DRAFT PAPER Devesh Kapur University of Pennsylvania <dkapur@sas.upenn.edu> and Pratap Bhanu Mehta Centre for Policy Research <pratapbmehta@yahoo.co.in> Prepared for presentation at the Brookings-NCAER India Policy Forum 2007 New Delhi July2, 2007 THE BROOKINGS INSTITUTION