BANGALORE TO GET NRI CITY-IN-CITY
Bangalore has pipped Hyderabad, Mumbai and Delhi to the post
to get the country's first special NRI city . The government
is setting up a special economic zone for overseas Indians
in Karnataka soon.
"This
is a big project under the overseas Indians ministry and we
have already tied up investment from NRIs and PIOs worth $2.5bn
The
economic zone will function as an NRI city within the city
of Bangalore and the effort will be to attract investments
in various areas like housing complexes, educational institutions,
malls, infrastructure facilities, hotels and motels, IT and
ITES units .
"We
are also in talks with other state governments like Maharashtra
and Andhra Pradesh for such NRI cities. The ministry and state
governments will ensure that the NRIs setting up shop in these
cities get single window clearance for their projects, and
we hope to attract investments up to $14-15m annually through
them," Mr Tytler said.
The
new ministry has also decided to shift the third Pravasi Bharatiya
Divas to Mumbai and is looking at various venues in the city
to host the annual event for NRIs and PIOs in January '05.
"The
event this time will be focused essentially on business and
solving the problems that overseas Indians face in that area.
We will also use the occasion to recognise the huge contribution
of the human resources pool of global Indians towards the
economic growth of India," Tytler said.
The
NRI ministry will set up a special information and redressal
cell to tackle the problems faced by those who marry NRIs
and are then abandoned.
"This
is a serious social issue and we have faced complaints from
at least 10,000 young women from various states across the
country and will seek the help of the ministry of external
affairs as well to solve their problems," the minister
said.