The government of India approved the Shyama Prasad Mukherji Rurban Mission (SPMRM) with an outlay of ₹51.42 billion (US$790 million) on 16 September 2015. The Mission was launched by the Prime Minister on 21 February 2016 at Kurubhata, Murmunda Rurban Cluster, Rajnandgaon, Chhattisgarh. In April 2017, Ranchi College was upgraded to Shyama Prasad Mukherjee University. In September 2017, Kolar, a town in Bhopal, Madhya Pradesh, was renamed as Shyama Prasad Mukherji Nagar by Shivraj Singh Chauhan.