Cabinet approves Viksit Bharat Shiksha Adhikshan Bill for single higher education regulator

• Union Cabinet approved a bill to establish a single higher education regulator.
• The bill, now named "Viksit Bharat Shiksha Adhikshan Bill," will replace UGC, AICTE, and NCTE.
• The new regulator will oversee regulation, accreditation, and professional standards in higher education.
• Medical and law colleges will not fall under the ambit of this new regulator.
• Funding for institutions will remain separate, managed by the administrative ministry, not the new regulator.

Why It Matters: New bill unifies higher education regulation, affecting future education standards.