There is a biggest update for all the unemployed youth of Karnataka that the Government of Karnataka launched a new initiative called as ‘’Yuva Nidhi Scheme’’ for them. By offering this scheme government aims to empower young youths by providing financial security to them so that they are able to support not themselves as well as their families and become financially independent. Through this scheme young educated unemployed youth are able to fulfill their basic needs without any financial issues.
If you’re an educated youth who completed their education but are still unemployed due to any reason and are interested in this initiative and wish to avail the benefits of this scheme so stay connected with this article for complete information regarding Yuva Nidhi Scheme.
What is Karnataka Yuva Nidhi Scheme?
The Karnataka Yuva Nidhi Scheme is a government program designed by Government of Karnataka to support educated youths of the state by providing financial security to them so that they are able to fulfill their day to day needs without any financial trouble. Under this scheme government provide monthly financial assistance to those deserving youths of Karnataka. who completed their graduation degree but are still unemployed due to any financial or other reasons.
Also Read: One Nation One Subscription Scheme
Objective of Yuva Nidhi Scheme
The primary objective of Yuva Nidhi Scheme is to provide financial support and assistance to young educated youths so that they are able to fulfill their basic necessities effectively without depending on other. This scheme aims to empower the youth by allevating the financial burden on not only on educated unemployed youths but also on their parents. This scheme seeks to create a conducive environment young generation to turn business ideas into reality and contribute to the overall development of the economy.
Short Summary of Yuva Nidhi Scheme
| Name of the Scheme | Yuva Nidhi Scheme |
| Approved By | Government of Karnataka. |
| Year of Approval | 2024-25 |
| Objective | Provide financial support to young unemployed educated youths of the state. |
| Beneficiaries | Unemployed educated youths of Karnataka. |
| Mode | Online |
| Official Website | Seva Sindhu Portal |
Eligibility Criteria
To be eligible for Yuva Nidhi Scheme applicant must have to meet the following eligibility criteria’s these are as mentioned below
- Applicant must be a permanent resident of Karnataka.
- Applicant must be jobless for minimum duration of six months after completing their degree or diploma.
- Applicant must passed their degree, diploma in current academic year of 2024-25.
- Applicants who working as a worker in any government or private sector are ineligible to apply
- Applicants who receive any financial benefits from other government schemes are not able to apply for the same
- Applicants who are self- employed or taken loans either in central or state schemes are ineligible for Yuva Nidhi Scheme.
- Applicant’s aadhar card must linked with Aadhar card.
Benefits of Yuva Nidhi Scheme
This Yuva Nidhi Scheme offer several benefits to deserving youths, these are as mentioned below
- Under this scheme unemployed graduates receive financial assistance of Rs 3,000 per month in their bank.
- On the other hand, government provide financial assistance of Rs 1,500 to unemployed diploma pass outs in their bank accounts per month.
Required Documents
- Aadhar Card
- Resident Proof
- Bank Details
- PAN Card
- Passport Sized Photograph
- Phone Number
Selection Process
The selection of candidates for the above mentioned scheme, is based on certain criteria, which include:
- Check Eligibility: First of all, applicants must check their eligibility before applying for the above mentioned scheme.
- Submission of Application: After that, eligible candidate must fill out the application form through the official website designed by Government of Karnataka.
- Verification of Documents: In this step all the filled details are checked by the officials either the details are valid or not.
- Preparation of Beneficiary List: Once the checking process is over, a beneficiary list is prepared by the top authorities which includes poor living conditions, Joblessness financial need etc
- Announcement of List: In this name of beneficiaries declared by the officials Publicly.
- Funds Disbursement: After the announcement of list eligible applicants are ready to get their financial award as per their need and other conditions.
Yuva Nidhi Scheme Registration 2024
To register for Yuva Nidhi scheme 2024 Karnataka follow blow steps
Step 1: Visit Seva Sindhu website
Step 2: On the home page applicant needs to login themselves by entering the username, Aadhar number, password along with the captcha shown.
Step 3: Search “Yuva Nidhi Scheme” click on it.
Step 4: An application form will appear on the screen now fill all the asked detail carefully
Step 5: Once quickly review all the mentioned details.
Step 6: At last click on Submit to complete their registration process.
Details to be Filled under Registration Form
- Application ID
- Aadhar Number
- Password
- Phone number
- E-mail ID
Helpline Number
Contact Number: 08022279954/8792662814/8792662816
FAQs
Q. Who can apply for the Yuva Nidhi scheme 2024?
Young educated unemployed youths of Kanataka, are able to apply for the Yuva Nidhi scheme 2024.
Q. Is it necessary to be a young youths of Karnataka to receive benefits of Yuva Nidhi scheme 2024 ?
Yes, this scheme is only available for Young educated unemployed youths of Kanataka.
Q. What are the benefits of this Yuva Nidhi scheme 2024?
Government provide financial support in the form of a monthly stipend.
Q. Only Young educated unemployed youths of Kanataka can apply for the Yuva Nidhi scheme 2024?
Yes, only Young educated unemployed youths of Kanataka can apply for Yuva Nidhi scheme 2024