The State of Odisha joined RUSA on 28.10.13 by committing to reform its higher education sector. The Project Approval Board (PAB) in its 4th, 8th and 9th meetings held on 05.12.14, 02.9.15 and 1.12.15 approved proposals of the State worth Rs. 688 crore, comprising of Rs. 412.8 crores as Central share (60%) and Rs. 275.2 crore (40%) as State’s share.
The State joined RUSA 2.0 in the 12th PAB held on 25th May, 2018. The funds approved by PAB in RUSA 2.0 is 216 Crores comprising of 129.6 Crores Central Share and 86.4 Crores as State Share.
The Component-Wise funds approved and central share released till 7th July, 2019 under RUSA 1.0 & RUSA 2.0 are given below:
|S. No.||Component||Physical units approved||Total amount approved (Rs. in Crore)||Central share approved (Rs. in Crore)|
|1||Creation of University by upgradation of Autonomous College to University||2||110||66|
|3||Model Degree Colleges Scheme||8||96||57.6|
|4||Infrastructure Grants to Universities||9||180||108|
|5||Infrastructure Grants to Colleges||115||230||138|
|6||Upgradation of Existing Colleges to MDCs||3||12||7.2|