The Cabinet Committee on Economic Affairs last evening approved about one lakh crore Rashtriya Uchchatar Shiksha Abhiyan (RUSA). It is a new centrally sponsored scheme for higher education which will spread over two plan periods (XIIth and XIIIth). It will focus on state higher educational institutions. It will be a new flagship scheme of the government that will pave the way for far reaching reforms at the state level. A total of 316 state public universities and 13,024 colleges will be covered under RUSA.