The Karnataka Government launched the Yuva Nidhi Scheme in Karnataka to benefit the unemployed young. Under this scheme, the government will provide financial assistance to the educated unemployed youth in the state. 

Find out the Yuva Nidhi Scheme eligibility, registration process, amount given under the scheme, documents required and more.

Yuva Nidhi Scheme Karnataka 

The Yuva Nidhi Scheme in Karnataka will provide economic security to the youth in the state. The educated unemployed youth will get monthly financial assistance to help them support their families. This scheme aims to give unemployment benefits to educated youth so they do not depend on anyone for their financial needs.

The eligible beneficiaries will receive monthly assistance in their bank accounts directly via Direct Bank Transfer (DBT). They will benefit from this scheme until they find a job or two years, whichever is earlier. 

Yuva Nidhi Scheme Karnataka Overview

Yuva Nidhi Scheme Assistance Amount

Under the Yuva Nidhi Scheme, the government will provide the following amount to unemployed youth of Karnataka state who have passed their degree or diploma course in 2022-23 or 2023-24:

• Rs.3,000 per month to unemployed graduates
• Rs.1,500 per month for diploma pass-outs

The government will give this amount after six months of the youths passing out and being unemployed for two years. It will not provide the amount after two years or as soon as the youths get a job within two years.

Yuva Nidhi Scheme Eligibility

• The applicants must be Karnataka residents.
• The applicants must have passed their degree or diploma in the academic year 2022-2023 or 2023-2024. 
• The applicants must not have a job six months after completing their degrees or diploma.
• The benefits of this scheme will not be given to the youths who are already getting benefits from similar schemes or programmes.
• The applicants who have enrolled for their higher education, those getting apprentice salaries, and those working in the private or government sector are not eligible.
• Self-employed youths who have taken loans under the state and central schemes or banks are not eligible.
• The Aadhaar must be linked to the applicant’s bank account to benefit from this scheme.

Yuva Nidhi Scheme Registration

The eligible applicants must register on the Seva Sindhu website to benefit from the Yuva Nidhi Scheme. They can apply for the scheme online or offline. The registration process started on 26 December 2023.

Yuva Nidhi Scheme Apply Online

The online application process will be as follows:

• Visit the Seva Sindhu Guarantee Schemes Portal.
• Click on the ‘Yuva Nidhi Yojana’ option.
• On the next tab, login to the ServicePlus portal. If you are a new user, you can register and login to the ServicePlus portal by clicking ‘Register Here’ option and entering the required details.
• Fill out the application and upload the required documents. 
• Click the ‘Submit’ button. You will receive the acknowledgement number. 

Yuva Nidhi Scheme Apply Application Form

Eligible graduates or diploma holders can apply offline for the Yuva Nidhi Scheme by visiting the Grama One, Bangalore One or Karnataka One office, Bapuji Seva Kendras and Nada Kacheris. They can obtain the Yuva Nidhi Scheme application form from the mentioned offices, fill the form and submit it with the required documents. 

Yuva Nidhi Scheme Documents Required

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

Yuva Nidhi Scheme Beneficiary Status

Applicants can check the beneficiary status on the Seva Sindhu Guarantee Schemes Portal after applying for the Yuva Nidhi Scheme. The government will release the beneficiary list of this scheme on the official website. 

Yuva Nidhi Scheme Karnataka Benefits

• The state’s graduates and diploma holders will get unemployment benefits every month.  
• The beneficiaries will get financial aid directly to their bank accounts. Thus, they can meet their expenses.
• The beneficiaries will receive benefits until they find employment or two years, so they don’t have to depend financially on anyone.  
• The beneficiaries will get financial and economic stability under this scheme.

The Yuva Nidhi Scheme provides monthly financial assistence to unemployed youth residents of Karnataka. They will get a monthly amount of Rs.3,000 if they are graduates or Rs.1,500 if they are diploma holders and do not get a job after six months of passing out. However, they will receive this monthly amount for two years only. This amount will help them with their expenses for two years, which will help them search for a job without financial stress.

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