Asylum seekers in NSW will be eligible for the most generous travel concessions in the country, after Premier Mike Baird said the state had a responsibility to help those who had nowhere else to turn.

Asylum seekers who meet certain criteria will, from next year, be eligible for travel at $2.50 a day - the same travel concession available to those on the Gold Pension Concession Card.

"This group is one of the most vulnerable in our society": Mike Baird. Credit:Chris Pearce

"NSW is Australia's economic powerhouse, but there is little point in having a strong economy unless we use this strength to help the vulnerable among us," Mr Baird said in a statement.

"NSW has shown we are prepared to help asylum seekers in our community and we want to do even more," he said.