Karnataka Yuva Nidhi Scheme 2024 Online Apply, Eligibility, Benefits

Karnataka Yuva Nidhi Scheme:- In Karnataka, the government launched the Yuva Nidhi Yojana to offer financial aid to young people who have finished their schooling and obtained a diploma or degree. The youth of Karnataka will have financial stability because of the Yuva Nidhi Scheme. The kids with education who are unemployed will receive financial support each month to help them sustain their families. Read the article below to learn more about the Karnataka Yuva Nidhi Scheme.

Yuva Nidhi Scheme Karnataka 2024

Yuva Nidhi Scheme Karnataka 2024

The government works and implements programs to ensure the well-being of citizens. The Karnataka Yuva Nidhi Scheme is one of the initiatives that the Karnataka government has launched in the same direction. With the launch of this program, educated but jobless youth in the state would receive cash assistance. It attempts to provide these people with economic and financial security. The Karnataka Yuva Nidhi Scheme helps people become less dependent on others for their financial needs by offering financial support.

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Karnataka Yuva Nidhi Scheme Details in Highlights

Name of the schemeKarnataka Yuva Nidhi Scheme
Launched byKarnataka government
Registration Start Date26 December 2024
Objectiveto offer financial aid to young people
Payment ModeDBT
BeneficiariesUnemployed Graduates and Diploma Holders
BenefitRs 3000 Per – Unemployed Graduates Rs 1500 Per Month – Diploma Holders
StateKarnataka
Official Websitesevasindhugs.karnataka.gov.in

Objectives of Karnataka Yuva Nidhi Scheme

To help the financially disadvantaged teenagers in the state of Karnataka, the Yuva Nidhi scheme was launched. Students without jobs who obtain a diploma or graduate degree are qualified to apply for the Yuva Nidhi program. Financial aid of INR 1500 for diploma holders and INR 3000 for graduate students is awarded to the scheme’s chosen candidates. The applicant will immediately receive a transfer of the financial aid to their bank account. The pupils can become self-sufficient with the help of this program till they are unable to find employment. To apply for the Yuva Nidhi scheme, one must be a permanent resident of the nation of Karnataka.

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Documents Required

Following are the documents required for the scheme.

  • Aadhaar card
  • Residence/domicile certificate
  • Income certificate
  • Educational qualification documents
  • Bank account details

Benefit Amount of the Yuva Nidhi Scheme

The benefits of the scheme are mentioned below:

For unemployed youngsters in Karnataka who have finished their degree or certificate programs in the academic year 2022–2023, the government would provide the following sums:

  • Rs. 3,000 per month for graduates without jobs.
  • Monthly income for diploma holders is Rs. 1,500.

Note: If they continue to be unemployed six months after graduating or completing their diploma, this aid will be given. But it will end after two years or as soon as they find another job during that time.

Eligibility Criteria for Karnataka Yuva Nidhi Scheme

Before applying for the scheme, make sure you fulfill all the eligibility criteria mentioned below:

  • Applicant must belong to Karnataka state.
  • The candidates must have finished their diploma programmes or earned their degrees during the academic year 2022–2023.
  • Six months following the completion of their degrees or qualifications, the applicants are required to be jobless.
  • Youths who now receive benefits from other programs or schemes of a similar nature will not be eligible for this scheme’s benefits.
  • Those receiving apprentice pay, those engaged in postsecondary education, and those employed by the government or the business sector are ineligible.
  • To take advantage of this plan, the applicant’s bank account must be connected to their Aadhar.

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Ineligibility

The following people are not eligible for the scheme.

  • The young people who pursue higher education after receiving their diploma or degree.
  • Recipient of apprentice salary. 
  • Youth workers in the public or commercial sectors.
  • Young people who work for themselves.
  • Recipient of additional government financial aid programs.

Application Process of Karnataka Yuva Nidhi Scheme

If you are willing to apply for the Karnataka Yuva Nidhi Scheme, follow the steps below for the application process.

  • Go to the official website of Seva Sindhu Guarantee Schemes.
  • On the home screen go to the Yuva Nidhi Yojana option and click on it.
  • To apply, select “Click here.”
  • A new page will open before you, enter all the required details carefully.
  • Upload the necessary documents.
  • Click on the submit option. You will get an acknowledgment number.

Download Application Form

To obtain the application form for the scheme, take the following actions:

  • Go to the Portal for Seva Sindhu Guarantee Schemes.
  • Select the option labeled “Yuva Nidhi Yojana.”
  • Select “Click this link to download the application.”
  • Get the “Yuva Nidhi Scheme” application by downloading it.
  • Fill out the form, include the required paperwork, and deliver it to the relevant authorities.

FAQ’s

How much financial aid is available to graduates who are unemployed through this scheme?

Under the Yuva Nidhi Scheme, unemployed graduates receive Rs. 3,000 per month.

What are the requirements to be eligible for the Karnataka Yuva Nidhi Scheme?

Candidates must reside in Karnataka, have completed their degree or diploma in 2022–2023, and have been jobless for six months following their qualification.

How can I apply for the Scheme of Yuva Nidhi?

By completing the application form and providing the necessary files, eligible candidates can submit their applications online via the Seva Sindhu website.

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