ALSO READChandrababu Naidu inaugurates 30.5 meter tricolour at Tirupati Airport Chandrababu Naidu eyes cost effective mass transit systems in Andhra Pradesh Chandrababu Naidu 'purchasing' votes: CPI CM Naidu assures backward reservation to 'Kapu' community AP CM inaugurates Celkon Mobile manufacturing facility
Andhra Chief Minister N Chandrababu Naidu on Saturday approved the migration policy and has also allotted Rs 40 crores for implementation of the policy, while sanctioning Rs. 20 crores with immediate effect.
The decision was taken in a first meeting held between Andhra Pradesh Non Resident Telugu (APNRT) Society governing body and chairman of the body N Chandrababu Naidu's in Vijayawada.
As part of the policy, Pravasandhra Helpline, Pravasandhra Welfare Fund and insurance scheme for all members of APNRT, under the name Pravasandhra Bharosa, will be set up.
The welfare fund will take care of those NRTs who lose jobs. The Chief Minister ordered the officials to chart out a special industrial policy so that Telugu people across the globe can invest in the state.
Naidu also asked the NRTs to promote the state dance form, Kuchipudi, and to build Lord Balaji's temples in different countries.
APNRT members have already set up 32 IT companies in the state which generated 3,090 jobs. They will be setting up 21 more IT companies which can recruit 3,390 jobs. The Chief Minister has also approved the designs of the iconic building that APNRT will build in Amaravati region.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)