The Karnataka Yuva Nidhi Scheme was introduced by the Karnataka Government to identify the financial issues faced by the educated employed youths of Karnataka. The Karnataka Yuva Nidhi Scheme will play a major role to promote economic self independency of the educated unemployed youths. The Karnataka Government initiated this scheme to provide economic stability and Financial benefits to the unemployed youths and motivate them to work hard for the future. The Karnataka Government will provide financial assistance of Rs. 3000/- per month to the unemployed graduates and Rs. 1500/- per month to the candidates who hold diploma certificates in any field. The Karnataka Yuva Nidhi Scheme was introduced by Rahul Gandhi in 2022 for the unemployed youths of the Karnataka State to provide financial assistance of Rs. 3000- 1500/- every month to cover their expenses. The Government’s main purpose to launch this scheme is to reduce financial problems of the educated unemployed youths of Karnataka.
Many candidates from Karnataka who completed their graduation or holds a diploma degree but are still unemployed due to some reasons and facing financial issues. So the Government has introduced Karnataka Yuva Nidhi Scheme to help them financially by providing Rs. 3000/- to 1500/- monthly assistance to applicants who hold a graduation and diploma degree and are unemployed. The Karnataka Government designed this Yuva Nidhi Scheme to improve the financial conditions of the educated employed youths of their states. During the unemployed period the jobless youths are dealing with various financial problems and they can’t afford their needs. This article is covered with the Karnataka Yuva Nidhi Scheme in every detail including the application process, eligibility criteria, benefits, objective, amount, documents requirements, etc.
Karnataka Yuva Nidhi Scheme 2024 Key Highlights
The Karnataka Yuva Nidhi Scheme was founded by the Karnataka Government and initiated under Rahul Gandhi in 2022. Candidates from Karnataka who hold graduation and diploma degrees can check the required eligibility criteria and apply online for the monthly assistance of Rs. 3000/- to 1500/-. The starting date of Yuva Nidhi Scheme 2024 is from 26 December. Interested individuals can apply for this scheme from sevasindhugs.karnataka.gov.in and the amount will be directly transferred to the selected beneficiaries bank account.
Started By | Karnataka Government |
Scheme Name | Yuva Nidhi Scheme |
Beneficiaries | Unemployed Youths |
Application Starts | 26 December |
Application Mode | Online |
Benefits | Unemployed Graduates- Rs. 3000/- Diploma Holders- Rs. 1500/- |
Payment Method | Direct Bank Transfer |
Official Website | sevasindhugs.karnataka.gov.in |
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Purpose of Karnataka Yuva Nidhi Scheme
The main purpose to launch the Yuva Nidhi Scheme is to financially help the unemployed youths of Karnataka. The purposes are as follows.
- Ensure the unemployed youths of Karnataka financial stability
- Provide financial support to the unemployed youths of Karnataka
- Reduce the economic crises of the youths of Karnataka who are
- educated but still unemployed after completing the Graduation and Diploma
- Help financially for bright future to the youths of Karnataka who completed their graduation and diploma and currently unemployed
Advantages of Karnataka Yuva Nidhi Scheme
Under the Karnataka Yuva Nidhi Scheme beneficiaries will receive perks and various advantages to improve their life and living standards. The scheme launching department will provide financial assistance.
- Students who completed their graduation and are unemployed will receive Rs. 3000/- per month
- Students who are diploma holders and still unemployed will receive Rs. 1500/- per month
- Eligible candidates under the Yuva Nidhi Scheme will be able to get financial help from the government and loans at low interest rates for their education. Government will provide subsidy in loans under Yuva Nidhi Scheme
- By the help of Karnataka Government candidates who will be able to be selected for the Karnataka Yuva Nidhi Scheme get entrepreneurship support. Individuals can start their own business and startups by the money from the government as a financial aid.
- The Karnataka Government will provide Rs. 3000/- to Rs. 1500/- per month and beneficiaries can use this monthly stipend to find out more jobs. This will help to continue the state’s economy.
Eligibility Criteria for Yuva Nidhi Scheme 2024
- To get eligible applicants must be a permanent residents of Karnataka
- Candidates must pursued their graduation and diploma in the academic year while submitting the application
- After completing the graduation and diploma applicants must be unemployed from 6 month at least
- Individuals must not receiving other similar schemes benefits and perks
- Applicant must not employed since 6 month after completing the graduation and diploma
- Applicant aadhar number must be linked with the phone number which is used during the Yuva Nidhi Scheme online application submission.
- If you want to apply for this scheme then you must not be involved with other jobs and must not receive salaries from any employment program. This scheme is only for the Karnataka States educated unemployed youths.
Yuva Nidhi Scheme Online Application Process
Unemployed youths of Karnataka can directly apply for this scheme from the official website. The Yuva Nidhi application can be submitted online and offline in both modes.The following steps will guide you to submit the application.
- Visit the Seva Sindhu Karnataka Official Website to apply online https://sevasindhugs.karnataka.gov.in/
- After landing on the seva Sindhu official website homepage
- Then select the Yuva Nidhi Yojana Option
- And click on the ” Click Here To Apply ” option
- Fill out the essential details to the application form correctly and provide personal, educational, address details
- Upload the necessary documents of Yuva Nidhi Yojana to the application portal
- Then Submit the application
Offline Method
- Download the application form from the official website of Seva Sindhu Karnataka
- Then print out the application and fill the application with required details
- Attached scanned copies with the application form
- Submit the application form to nearest application submission center
Required Documents for Yuva Nidhi Scheme
The essential documents individuals have to upload while submitting the Yuva Nidhi application form and attach with the application form for offline submission.
- Aadhaar Card
- Residence Certificate
- Domicile Certificate
- Birthday Certificate
- Caste Certificate
- Educational Certificates
- Income Proof Certificate
- Bank Passbook Details
Yuva Nidhi Scheme Application Status
To check the application status of Yuva Nidhi Yojana applicants who submitted the online application to the seva Sindhu website have to follow the steps. To check the application and payment status visit the Seva Sindhu Karnataka Official Website and provide the application number and other required details to track the Yuva Nidhi Application and Payment Status.
FAQs
What is Yuva Nidhi Scheme Karnataka?
The Karnataka Government has designed this scheme for the educated employed youths of the state to help financially.
What is the Yuva Nidhi Scheme Benefit Amount?
For the unemployed graduates the amount is Rs. 3000/- and for the unemployed diploma holders the amount is Rs. 1500/-
How can I download the Karnataka Yuva Nidhi Scheme application form?
You can download the application form form the Karnataka Seva Sindhu official portal at sevasindhugs.karnataka.gov.in
How to apply for Karnataka Yuva Nidhi Yojana?
To apply for Karnataka Yuva Nidhi Yojana visit the seva Sindhu Karnataka Official portal and fill the application form then submit with with the necessary documents.