School Education Minister K A Sengottaiyan said six teachers in each of the 32 districts in the state will be selected under this programme.
Teachers from government schools will be selected for the award based on various tasks like using computers for teaching, excelling in imparting co-curricular activities and school management, he informed the state Assembly.
They will be provided with a certificate and Rs 10,000, he added.
Further, government will send 100 students annually on a foreign trip, to encourage those with special skills in various subjects including Science and Arts, he said.
Students from government and aided schools will be selected for this purpose and flown to countries which have expertise in the respective fields, he added.