Sources said that the ministry has already prepared a draft bill dealing with the issue which will be placed before the Cabinet soon.
Giving details of the draft bill on Foreign Education Providers, Sibal, in an interview, said, they also need to take clearance from the accreditation committee for quality control.
When asked if these universities are expected to implement quota, Sibal said, "Reservation laws as applicable to Indian institutes will be applicable to the foreign institutes. There will be no discrimination."
When asked whether the international universities will have 100 percent ownership of the campuses, Sibal said, "If there is 100 percent ownership of private sector here, why not 100 percent ownership of foreign universities," he said.