A formal announcement in this regard would be made during the Big Ideas for Better India conference in Silicon Valley on July 1.
Organised by the Overseas Volunteer for Better India (OVBI), spiritual leader Sri Sri Ravi Shankar will give keynote address at the event which is expected to be attended by over 1,000 influential NRI leaders, a statement said yesterday.
These 500 villages have been selected based on the highest farmers suicide rates, high unemployment rates and need immediate support, said OVBI president Satej Chaudhary.
The event will address the most challenging problems being faced by India in agriculture, governance and human trafficking.
Last year OVBI had organised a water summit and successfully connected many specialists from USA with the Art of Living ground team working on the river rejuvenation projects.
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