New Delhi, Aug. 7 -- The Delhi cabinet on Friday approved a draft law to create a legal framework for setting up private universities in the Capital, proposing provisions that will allow "vertical campuses" suited to a land-constrained city, reserve 25% of seats for Delhi students and permit foreign higher education institutions to establish campuses in Delhi, among others.

The Bill will be introduced in the Delhi Legislative Assembly for consideration next week during the ongoing session.

The move assumes significance as Delhi currently does not have legislation governing the establishment of private universities, despite being a major higher education destination.

Announcing the cabinet decision, education minister Ashish Sood said t...