Karnataka unveils NRI Policy to link NRI Kannadigas across the globe

 In a path-breaking initiative, Karnataka’s Commerce and Industries Department has unveiled the NRI Policy of Karnataka with a vision of playing a catalytic role in building sustainable linkages between the State and Non-Resident Kannadigas across the globe to build a progressive, vibrant and prosperous Karnataka.
Highlights of the NRI Policy of Karnataka
Creation of a Data base on NRIs/ NRKs
Non Resident Kannadiga (NRK) Card
“Namma Ooru-Namma Nadu” initiative for NRIs/NRKs
Participation in Pravasi Bharathiya Divas
District level NRIs/NRKs Welfare Committee headed by the respective Deputy Commissioners

Detailed report available in Daijiworld

NRIs, PIOs urged to take up lucrative teaching assignments in India

In order to scale up human resource and to tide over the shortage of talented faculty, HRD Minister Prakash Javedekar urged NRIs and PIOs to take up lucrative teaching assignments.

“A decision to this effect will be finalised soon. Also, as part of this large strategy, a decision to open 20 universities of global standards will be set up in the country. Out of the 20 universities, about 10 will be public institutions and remaining private varsities,” he added.

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Search to find the next Ramanujan

A Bangalore-based computer scientist, Prof Sundaraja Sitharama Iyengar, who spent over four decades in the US and racked up an outstanding body of work is starting a first-of-its-kind talent search programme in Larnataka.

The programme, called NIAS-Maiya Prodigy, involves 10 meritorious students from various parts of the state — some from rural areas — who will receive a scholarship of `50,000.  The USP of the programme is that the 10 students will have a mentor assigned to them who will guide them in their studies and careers and monitor them over five years. 

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Indian-origin appointed to top military post in Kyrgyzstan

Shaikh Rafik Mohammed, who hails from Kerala, was appointed major general of Kyrgyzstan by Ali Mirza, defence minister of Kyrgyzstan at an official ceremony held in the country, Khaleej Times reported.

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NRIs can exchange old notes till June 30

The Reserve Bank of India has allowed non-resident Indians to exchange scrapped Rs 500 and Rs 1,000 notes till June 30. This facility will be available through RBI offices in Mumbai, Delhi, Chennai, Kolkata and Nagpur. 

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Policy changes to attract NRIs to Indian realty, in 2017

The Indian property market has always been quite attractive for non-resident Indians (NRIs). The only concern, has been with the opaque nature of the business, with its lack of information and scientific process of due diligence. However, with some of the key policy changes in 2016, like the Real Estate Regulation Act (RERA), demonetisation, the goods and services tax (GST and the Benami Transaction Act, the moot question now, is whether NRIs can be more confident in making an investment decision.

Read the full article in moneycontrol