PM-USHA is the new name for the Education Ministry’s scheme to improve the quality of higher education in State Universities.
It provides an outlay of ₹12,926.10 crore between 2023-24 and 2025-26.
The MoU is being signed to show the willingness of States and UTs to participate in the PM-USHA scheme.
40% of the expenses under PM USHA is borne by the States.
Kerala, Tamil Nadu and West Bengal are among 14 States and Union Territories which are yet to sign a crucial Memorandum of Understanding (MoU) with the Union Education Ministry.
This MoU mandates the implementation of the National Education Policy in order to avail funds worth almost ₹13,000 crore for the next three years.