Job searching after graduation is not an easy task. Karnataka Yuva Nidhi Scheme provides monetary relief to the youth during their job search, thus reducing the burden. This blog outlines the details of the scheme including its objectives, eligibility criteria, benefits, and procedure of application.
About the Yuva Nidhi Scheme Karnataka 2024
Under the Karnataka government, the Yuva Nidhi project envisages providing monetary support to the youth who are jobless and hold either a diploma or degree.
It offers a monthly stipend for a maximum of two years, which is meant to fill this financial gap as you search for a job. Registration for this scheme starts on December 26, and the government has allotted Rs. 250 crores for Yuva Nidhi.
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| State Concerned | Karnataka |
| Scheme | Yuva Nidhi Scheme |
| Application Starting Date | 26 December 2024 |
| Eligibility | Unemployed Graduates, Diploma Holders |
| Application Process | Online |
| Amount | Degree Holders- 3000, Diploma Holders- 1500 (Monthly) |
| Official Website | Click here |
Objectives of Karnataka Yuva Nidhi Scheme
The plan called Yuva Nidhi, for the empowerment of youth, was officially opened for Karnataka residents today. The Scheme is open for registration on the Seva Sindhu Portal as of 1:30 PM.
With the addition of the Seva Sindhu site, unemployed people who have been jobless for at least 6 months now can apply and be eligible for monthly benefits through it.
- Provide financial help to the unemployed graduates as well as those with technical qualifications.
- Remove the financial stress from the shoulders of job seekers.
- Fostering the skills of youth and encouraging entrepreneurship among them.
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Documents Required: Yuva Nidhi Scheme
- Domicile certificate proving Karnataka residency
- Graduation or diploma certificate (and mark sheet)
- Proof of unemployment (such as job search registration documents)
- Aadhaar card
- Bank account details
Benefit Amount of the Yuva Nidhi Scheme
- Diploma holders: ₹1500 per month
- Degree holders: ₹3000 per month
Eligibility Criteria for Karnataka Yuva Nidhi Scheme
- Be a permanent Karnataka resident.
- Should have graduated from either a diploma or degree program in the year 2022-23.
- It is required that at least 6 months’ unemployment elapse upon graduation (no higher education, self-employed or government job, or benefits from equivalent schemes).
Application Process of Karnataka Yuva Nidhi Scheme
- Log on to the Seva Sindhu Guarantee scheme portal.
- Click on the ‘Yuva Nidhi Yojana’ option.
- Make sure to complete the application form diligently, providing all requested information and supporting documents.
- Fill in the application form online and stay informed about future notifications.
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Download Application Form: Yuva Nidhi Scheme
Typically, there isn’t a downloadable application form. The application process is expected to be online. Once the application link is announced, keep an eye on the official government channels.
