In AP, NRIs are helping 5,000 govt schools go digital

Andhra Pradesh Janmabhoomi (AP Janmbhoomi) is an exclusive online portal for the Telugu community all over the world, geared towards socio-economic development of Andhra Pradesh in particular and India in general.
Created by the Andhra Pradesh government, the project is the first of its kind in terms of an NRI-backed social initiative ever instated by any state government in India.

Full story here

Karnataka Nri Forum in UAE Officially Inaugurated by CM Siddaramaiah

Chief Minister of Karnataka Siddaramaiah officially inaugurated the newly formed Official body for Kannadiga NRI’s in UAE ‘Karnataka NRI Forum – UAE’ at a grand function hosted in Indian Consulate Auditorium, Dubai today the 28th of April, 2017 and marked this event as a historical day for the Kannadigas in UAE. 

Detailed report and photos here

Punjab mulls 7-year bond for NRIs to bail out farmers

The Punjab Government will seek the help of NRIs to extricate farmers from the vicious cycle of debt. It intends floating interest-free masala bonds that are issued outside India but denominated in Indian rupees.
Unlike dollar bonds, where currency risk is that of the borrower, it is the investor who bears the risk in case of masala bonds.
The proposed Kisan Sahayata Bonds, each with a minimum value of Rs 1 lakh, will have a seven-year tenure. The money thus raised will be used to pay off institutional debt availed by 30.23 lakh farmers.


Read the full story here