The bill will be introduced in the upcoming session of Punjab Vidhan Sabha for its conversion into an Act.
The decision was taken in the meeting of Council of Ministers chaired by Punjab Chief Minister Parkash Singh Badal.
The upcoming university would have territorial jurisdiction over Bathinda, Barnala, Faridkot, Fatehgarh Sahib, Ferozepur, Mansa, Moga, Sri Muktsar Sahib, Patiala and Sangrur besides other regions outside the state, a spokesperson of the Chief Minister's Office said.
For further improving the quality of higher education infrastructure through private institutions, the Punjab Cabinet has approved to replace the Sant Baba Bhag Singh University ordinance, 2014 into bill for presenting in the coming session for its enactment.
This will pave a way for setting up private self-financed university 'Sant Baba Bhag Singh University' run by the Sant Baba Bhag Singh Charitable Society village Khayla in Jalandhar district, the spokesperson said.
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