Karnataka Yuva Nidhi scheme:- Registration for the Karnataka government’s Yuva Nidhi scheme, one of the Congress party’s five election promises, will commence on December 26. The initiative, designed to extend unemployment benefits to graduates and diploma holders, is set to be implemented on January 1, 2024. Interested individuals can enrol through the Seva Sindhu website. Under this program, the government aims to provide financial assistance to the state’s educated yet unemployed youth. For detailed information on the Karnataka Yuva Nidhi Scheme, including highlights, objectives, benefits, assistance amounts, eligibility criteria, required documents, application procedures, and more, refer below.
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Karnataka Yuva Nidhi Scheme 2024
The Karnataka Youth Fund Scheme, initiated by the Karnataka government, aims to provide financial aid to educated young individuals facing unemployment. Eligible applicants will receive direct monthly monetary assistance deposited into their designated bank accounts through this program. Over a two-year period, the initiative offers financial support ranging from Rs 1500 to Rs 3000. The introduction of the Yuva Nidhi Yojana by the Congress Government signifies the commencement of a new era for the youth in our state. This pioneering project is designed to offer essential financial assistance to the future citizens of our region.
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26th Dec Update:- Seva Sindhu Yuva Nidhi Registration Starts from 2024
On December 26, 2023, Chief Minister Siddaramaiah initiated the registration process for the Yuva Nidhi program, a step towards fulfilling one of the five promises made by the Congress party prior to the general elections. This program aims to provide monthly financial assistance to unemployed graduates and certificate holders. In addressing the pressing issue of unemployment, the government is not only offering financial aid but is also actively working towards creating job opportunities for the youth.
Under the Yuva Nidhi initiative, individuals with a degree obtained in 2023, who have been unemployed for six months, will receive Rs 3,000 per month for a duration of two years. Diploma holders will receive Rs 1,500 per month under the same conditions. The assistance period will conclude within two years if the beneficiary secures employment or establishes their own business. Approximately 4.8 lakh graduates and 48,100 diploma holders were recorded for the academic year 2022–2023.
Qualified applicants can register through various locations, including the Sevasindhu portal, Grama One, Karnataka One, Bengaluru One, and Bapuji Seva Kendras. The required documents for registration include PU and SSLC mark cards, the ration card, and the employment registration card. The government aims to credit the financial aid to the recipients’ accounts on January 12.
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Karnataka Yuva Nidhi scheme Details in Highlights
Scheme Name | Karnataka Yuva Nidhi Scheme |
Initiated by | Government of Karnataka |
Beneficiary | Unemployed youth of the Karnataka state |
Objective | To Provide Financial Assistance to the Unemployed youth of the Karnataka state |
Assistance Amount | 1500 to 3000 rupees per month |
Registration Start | 26 December 2023 |
Application Process | Online / Offline |
Official Website | https://sevasindhugs.karnataka.gov.in/ |
Karnataka Yuva Nidhi Scheme Objective
The primary objective of the Congress government’s commitment to introduce the Karnataka Yuva Nidhi Scheme is to provide unemployment benefits to the educated youth of the state, enabling them to secure financial support independently without depending on others.
Assistance Amount
Qualification | Assistance Amount |
Unemployed Graduates | 3,000 rupees per month |
Diploma Pass-Outs | 1,500 rupees per month |
Benefits of Karnataka Yuva Nidhi Scheme
Here are some of the key benefits of the scheme:
- The Karnataka State Government introduced the Yuva Nidhi Yojana to provide assistance to the youth in the state.
- The program is designed to benefit young individuals with diplomas and degrees.
- Beneficiaries of the Yuva Nidhi Yojana will receive monthly cash assistance.
- Unemployed graduates will receive financial aid of Rs. 3000 per month under this initiative.
- Diploma holders will receive Rs. 1500 per month through this program.
- The scheme will support the state’s youth until they secure employment.
- Financial aid will be promptly deposited into the bank accounts of program participants.
- By availing the program’s benefits, young people in the state can achieve financial security.
- The scheme accepts program applications through both online and offline methods.
Karnataka Yuva Nidhi Eligibility Criteria
Applicants seeking to avail of the scheme must meet the following eligibility criteria:
- The applicant must be a resident of Karnataka.
- The program is accessible to students who have successfully obtained a diploma or bachelor’s degree.
- To avail the benefits of the scheme, the applicant must link their bank account and Aadhaar card.
- The advantages of this initiative are not applicable to state youth enrolled in any other similar program.
- The program is open to all in-state students who have completed either a bachelor’s degree or diploma.
Required Documents for Registration
Here is a list of essential documents required for the scheme:
- PU and SSLC Mark Cards
- Ration Card
- Employment Registration Card
- Passport-size Photo
- Aadhaar Card
- Permanent Certificate
- Income Certificate
- Bank Account Details
- Mobile Number
How to Register Online for Karnataka Yuva Nidhi Scheme 2024
- Applicants wishing to register for the scheme must visit the official website of the Seva Sindhu portal.
- The homepage of the website will be displayed.
- Now, from the homepage, navigate to the “New User Register Here” option.
- A new page will appear on the screen.
- Enter your Aadhaar number in the provided box.
- Input the captcha code and click on the “Next” option.
- A new page displaying an application form will appear on the screen.
- Fill in the details such as name, address, personal information, etc. in the application form.
- Upload the required documents.
- Thoroughly review the provided information.
- Finally, click on the “Register” option to complete your registration successfully on the portal.
- You can now easily apply for the scheme by logging in.