Last Updated on: 21st January 2024, 08:30 am
To address the issue of unemployment among the younger population, the Karnataka government has introduced the Karnataka Yuva Nidhi Scheme. This initiative aims to provide financial assistance of up to ₹3000 per month to educated unemployed youth in the state.
Karnataka Yuva Nidhi Scheme Apply Online Date
The Karnataka Yuva Nidhi Scheme, launched by the state government, is designed to offer financial support to educated but unemployed young individuals. By implementing this program, the government aims to enhance the financial stability of the youth, reducing their dependency on others to meet basic needs.
The online registration process for the fifth and final election guarantee, known as “Yuva Nidhi,” was initiated by Chief Minister Siddaramaiah in Bengaluru on December 26. This program specifically caters to graduates and diploma holders facing unemployment.
National Youth Day, observed on Swami Vivekananda’s birth anniversary on January 12, marks the commencement of allowances distribution under the Yuva Nidhi Scheme. This initiative by the Karnataka government reflects a commendable effort to improve the economic prospects of educated but unemployed youth. You can also check the Karnataka Gruha Lakshmi Scheme.
Yuva Nidhi Scheme Application Registration Process
To avail of the benefits of the Yuva Nidhi Scheme, eligible candidates must register on the Seva Sindhu website. The registration can be done both online and offline. Although the administration has not released the registration forms yet, the start date is expected to be announced soon.
| State Concerned | Karnataka |
| Scheme Name | Yuva Nidhi Scheme |
| Starting Date | 26 December |
| Eligible Candidates | Unemployed Graduates and Diploma Holders |
| Benefits Amount | Rs 3000 Per Month for Unemployed Graduates, Rs 1500 Per Month for Diploma Holders |
| Payment Method | DBT (Direct Bank Transfer) |
| Category | Indian Govt Schemes |
| Official Website | sevasindhugs.karnataka.gov.in |
| Homepage | www.theeducationisthub.com |
Eligible recipients will receive monthly financial assistance through Direct Bank Transfer (DBT) directly into their bank accounts, with the support continuing for a maximum of two years or until they secure employment.
How to apply for the Yuva Nidhi Scheme?
The online application procedure is as follows:
- Visit sevasindhugs.karnataka.gov.in, the Seva Sindhu Guarantee Schemes Portal.
- Choose the option labeled “Yuva Nidhi Yojana.”
- Click on “Click here to apply.”
- Attach all required documents to the application.
- Press the “Submit” button and receive an acknowledgment number.
Yuva Nidhi Scheme Eligibility
To be eligible for the Yuva Nidhi Scheme, candidates must:
- Be citizens of Karnataka.
- Have completed their academic year of 2022–2023 with the awarding of their degree or certificate.
- Be unemployed six months after completing their degrees or diplomas.
- Not be benefiting from similar programs or schemes.
- Not be engaged in postsecondary education, government employment, or private sector employment.
- Not be self-employed or have loans from banks, the government, or other agencies.
- Have their bank account linked to Aadhaar.
Yuva Nidhi Scheme Required Documents
Applicants need to submit the following documents:
- Aadhaar card
- Residence/domicile certificate
- Income certificate
- Educational qualification documents
- Bank account details
Yuva Nidhi Scheme Benefit Amount
For unemployed youth in Karnataka who completed their degree or certificate programs in the academic year 2022–2023, the government provides the following assistance:
- Rs. 3,000 per month for unemployed graduates.
- Rs. 1,500 per month for diploma pass-outs.
This assistance continues for up to two years or until the recipient secures employment within that period. Check also, PMGKAY Free Ration Scheme Yojana Apply Online.
Yuva Nidhi Scheme Beneficiary Status
The government will make the beneficiary list available on the official website. Applicants can check their beneficiary status on the Seva Sindhu Guarantee Schemes Portal after submitting their applications.
Benefits of Yuva Nidhi Scheme Karnataka
The Karnataka Yuva Nidhi Scheme offers several advantages:
- Monthly unemployment compensation for diploma and degree holders.
- Instant cash assistance is deposited into their bank accounts, enabling them to meet their expenses.
- Assistance for up to two years or until the recipient finds gainful employment, promoting stability and financial independence.
