The Punjab Cabinet, under Chief Minister Bhagwant Mann, has given the green light for the creation of a top-tier university named after Guru Teg Bahadur in Anandpur Sahib. Additionally, the Cabinet endorsed the Industrial and Business Development Policy for 2026 and sanctioned the recruitment of 1,158 Assistant Professors and Librarians in government colleges. The establishment of the Sri Guru Teg Bahadur World Class University was approved, with the draft Bill set to be presented in the Assembly for further steps.
The Cabinet also supported the Industrial and Business Development Policy for 2026, which includes sector-specific policies and operational guidelines under the Punjab Udyog Kranti initiative. This policy is designed to provide a structured framework for fiscal incentives, sectoral growth, job creation, and infrastructure enhancement, aiming to boost economic activity and propel Punjab towards high economic growth. Moreover, a policy to streamline reservations for sportspersons in government jobs and educational institutions was given the nod.
In a significant move, the Cabinet granted approval for an ex-gratia grant of Rs 1 crore to the family of martyr Ashok Kumar, a Home Guards volunteer who sacrificed his life in Gurdaspur. The Cabinet also agreed to introduce the Punjab Regulation of Crusher Units, and Stockist and Retailers (Amendment) Bill of 2026 in the current Assembly session. Furthermore, a fresh recruitment process for 1,158 posts in government colleges, including Assistant Professors and Librarians, will be initiated in accordance with UGC Regulations through the Punjab Public Service Commission.
