Yuva Nidhi scheme


The Yuva Nidhi scheme in Karnataka was launched by the then Chief Minister Siddaramaiah and his deputy DK Shivakumar.The launch officially took place on December 26, 2023, with registration for the scheme opening on the same day.

It is scheduled to begin providing monthly stipends to eligible unemployed graduates and diploma holders from January 1, 2024.

It’s a brand new program launched by the Karnataka state government on December 26, 2023, to provide financial aid to unemployed graduates and diploma holders in the state.

It aims to ease their financial hardship while they search for suitable job opportunities.

SchemeYuva Nidhi Scheme
Launched ByGovernment of Karnataka
StateKarnataka
BeneficiariesUnemployed youth of the state
Mode of registration Online/offline
Main ObjectiveFinancial assistance of 1500-3000 monthly
BenefitsFinancial assistance will be provided to unemployed young citizens of the state
CategoryKarnataka Government Schemes
Official WebsiteTo be launched soon

Benefits of Yuva nidhi Scheme Karnataka

• Graduates receive a monthly stipend of Rs.3,000.

• Diploma holders receive a monthly stipend of Rs. 1,500.

• The stipend is directly transferred to your bank account via Direct Benefit Transfer (DBT).

• You get this support for a maximum of two years or until you find a job, whichever comes first.

1.Click on the registration link above.

2.Enter your Login id and password.

3.Now click on arrow option shown in above image.

4.Fill out your details.

5.verify your Aadhaar Verification.

6.Fill out your Address,Qualification and other details.

7.When you completely fill out the form and check out the details before final submission.

8.At last Fill out the captcha and submit your application form.

Eligibility of Yuva Nidhi Scheme Karnataka

• Unemployed graduates and diploma holders aged 18 to 35 years.

• Permanent residents of Karnataka

Documents required for Yuva Nidhi Scheme Karnataka

Here are the documents generally required to apply for the Yuva Nidhi scheme in Karnataka:

Mandatory Documents:

  1. Aadhaar Card: Proof of identity and address.
  2. Residence/Domicile Certificate: Proof of being a permanent resident of Karnataka.
  3. Educational Qualification Documents:
    • Graduates: 10th, 12th, and graduation marksheets and certificates.
    • Diploma Holders: 10th marksheet, diploma certificate, and other relevant certificates.
  4. Bank Account Details: To receive the stipend directly through DBT.

Additional Documents (if applicable):

  1. Caste Certificate: If you belong to a Scheduled Caste (SC), Scheduled Tribe (ST), or Other Backward Class (OBC) category.
  2. Income Certificate: To prove your family’s annual income, if required based on eligibility criteria.
  3. Self-Declaration: A signed declaration stating that you are unemployed and not receiving benefits from similar schemes.
  4. Mobile Number: For registration and communication purposes.

Important Notes:

  • Keep scanned copies of all documents ready for online application.
  • Ensure documents are clear and legible.
  • Double-check the official website or notification for any specific or updated document requirements.
  • If you have any doubts, contact the Department of Skill Development, Entrepreneurship and Livelihood for clarification.

Reminder:

  • The stipend disbursement is scheduled to begin from January 1, 2024.

Registration Process of Yuva Nidhi Scheme Karnataka

The registration process is open and can be done online through the official website of the Department of Skill Development, Entrepreneurship and Livelihood, Karnataka.

Concerns:

  • Long-term financial sustainability of the scheme due to potentially large numbers of beneficiaries.
  • Doesn’t directly address job creation, which is crucial for long-term effectiveness.
  • Risk of misuse by individuals not actively seeking employment.

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