Karnataka Yuva Nidhi Scheme:- As Congress government has promised 5 guarantees & Karnataka Yuva Nidhi is one of them. Through Karnataka Yuva Nidhi, the government will provide unemployment allowance to the graduates & diploma holders. This scheme will be beneficial for the graduates as this scheme will provide them with unemployment allowance in the form of financial help. Interested & eligible candidates can apply for this scheme & get the benefit of this scheme.
So, today in this article, we will tell you about Karnataka Yuva Nidhi Yojana, the key highlights of the scheme, the objective of the scheme, features and benefits, eligibility criteria, documents required & the procedure to apply. Read the full article & do let us know your thoughts & questions in the comment box below.
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Karnataka Yuva Nidhi Scheme 2024
The Congress government of Karnataka state has announced Karnataka Yuva Nidhi Yojana at the time of election, And now, the Chief Minister of Karnataka state will implement this scheme. This scheme will be implemented from January 01, 2024. Interested & eligible candidates can enroll on the Seva Sindhu Portal for this scheme. The candidates who have completed graduation in the academic year 2023 – 24 & are not in higher education or any employment are eligible to apply.
Karnataka Yuva Nidhi Registration will start from December 2024. Under this scheme, financial assistance of Rs.3,000 will be given to unemployed graduates & Rs.1,500 to diploma holders of Karnataka state. The amount will be directly transferred to the bank account of the beneficiaries. The government will only provide this amount till they are unemployed for a maximum period of 2 years only.
Karnataka CM Self Employment Scheme
Yuva Nidhi Scheme Karnataka Key Highlights
| Name of the Scheme | Karnataka Yuva Nidhi Yojana |
| Launched by | Karnataka government |
| Introduced by | Chief Minister of Karnataka state Mr. Siddaramaiah |
| Beneficiary | Unemployed graduates & diploma holders |
| Benefit | Financial assistance |
| Financial assistance | Rs.3,000 & Rs.1,500 respectively |
| Objective | To provide financial help to unemployed candidates |
| Year | 2024 |
| State | Karnataka |
| Registration start date | December 2024 |
| Application Mode | Online |
| Official Website | sevasindhu.karnataka.gov.in |
Objective of Karnataka Yuva Nidhi Yojana
The objective of Karnataka government to launch Karnataka YuvaNidhi Yojana is to provide financial help to unemployed candidates. Candidates who have been graduated but they are unable to find any job will be able to get financial help through this scheme. This scheme will help to improve the living standard of unemployed youth.Financial assistance of Rs.3,000 will be given to unemployed graduates & Rs.1,500 to diploma holders of Karnataka state so that they can get little help for their day to day expenses.
Karnataka Yuva Nidhi Yojana Features And Benefits
- The new Chief Minister of Karnataka state Mr. Siddaramaiah has introduced Karnataka YuvaNidhi Yojana
- This scheme is a part of 5 schemes that is announced by the Congress party to be done if they win the election. And results are here, congress party has kept its promise.
- The registration of this scheme will be started on December 2024.
- Candidates who have completed graduation in the academic year 2023 – 24 & are not in higher education or any employment are eligible to apply.
- Under this scheme, financial assistance of Rs.3,000 will be given to unemployed graduates of Karnataka state.
- Financial assistance of Rs.1,500 to diploma holders will be given of Karnataka state.
- Karnataka government will only provide this amount till they are unemployed for a maximum period of 2 years only.
- Basically, unemployment allowance will be provided to the eligible youth under this scheme.
- The amount will be directly transferred to bank account of the beneficiaries.
Financial Assistance Amount
Below is the list of the amount of financial aid given to the youth in the Karnataka Umployment Assistance scheme.
- Graduate unemployed youth will get Rs. 3,000 per month
- Diploma pass-out youth will get Rs. 1,500 per month.
Karnataka Unemployment Assistance Scheme Eligibility Criteria
- The candidate who is applying for this scheme must be a permanent resident of Karnataka.
- Candidate must have a domicile certificate from Karnataka state.
- Applicant must hold a bachelor’s degree or diploma to get the benefit of this scheme.
- The age of the candidate who is applying should be between 18 years to 40 years.
- The Aadhar card of the applicant must link with his/her bank account.
- The beneficiary should have his/her bank account.
Document Required
The following documents are required to apply for this scheme –
- Aadhaar card
- Domicile Certificate
- Passport-size photographs
- Educational Certificate
- Mobile number
- Email Id
- The Bank Account Passbook’s first page contains the Account Number, Bank Name, Branch Name, and IFSC Code
- Signature
Procedure For Applying For Karnataka Yuva Nidhi Scheme 2024
The candidates who want to apply for YuvaNidhi Yojana must wait for some more time. The government has only made an announcement regarding the registration date of this scheme. The proper application procedure has not been announced by the CM yet. Whenever the Karnataka government has made any announcement regarding the application procedure then we will update you. To get all the latest updates stay connected with us.
Karnataka Yuva Nidhi FAQs
The government of Karnataka state has started this scheme.
The objective of this scheme is to provide financial assistance to the unemployed youth.
Only the unemployed graduate or diploma holder youth can take the benefit of this scheme.
In this scheme graduate unemployed youth will get Rs. 3,000 per month and Diploma pass out youth will get Rs. 1,500 per month.