India, March 7 -- In a push toward educational excellence and administrative reform, the Punjab cabinet, led by chief minister Bhagwant Mann, on Saturday approved the establishment of the Sri Guru Teg Bahadur World Class University at Sri Anandpur Sahib.

The decision was among a series of key policies cleared by the council of ministers, including the Industrial and Business Development Policy-2026 and a recruitment drive to fill 1,158 posts of assistant professors and librarians in government colleges.

Briefing the media, finance minister Harpal Cheema and education minister Harjot Singh Bains said that a draft Bill for the new university will soon be tabled in the Vidhan Sabha.

In a move to address the shortage of faculty in higher e...