The Yuva Nidhi Scheme is an initiative by the Karnataka government in India aimed at providing financial assistance to unemployed youth who have completed their graduation or diploma in the academic year 2022-23.
Key Features:
- Financial Support: Eligible beneficiaries receive a monthly allowance of Rs. 3,000 (graduates) or Rs. 1,500 (diploma holders) for a maximum of two years.
- Eligibility:
- Must be a permanent resident of Karnataka.
- Must have completed or be on the verge of completing graduation or diploma in 2022-23.
- Age between 18 and 35 years.
- Not currently employed in any regular job.
- Not an individual filing income tax.
- Required Documents:
- Educational transcripts – 10th, 12th, and degree/diploma.
- Aadhaar card.
- Caste certificate (if applicable).
- Bank account details.
- Self-declaration certificate along with income certificate.
- Application Process:
- Online through the Karnataka Skill Development and Entrepreneurship Department website.
- Offline at the local Skill Development and Entrepreneurship Center.
Benefits:
- Provides financial support to unemployed youth.
- Helps youth improve their employability.
- Encourages entrepreneurship and self-employment among youth.
Important Note: The registration process for the Yuva Nidhi Scheme begins on December 21, 2023, and the official launch is expected in January 2024.
I hope this information is helpful. Please let me know if you have any further questions about the Yuva Nidhi Scheme.