Yuva Nidhi launched by Congress government for unemployed youth in Karnataka

The scheme offers financial aid to graduates and diploma holders who are yet to get a job, but only for a maximum of two years.

Chief Minister Siddaramaiah and Deputy CM D.K. Shivakumar launched the Yuva Nidhi scheme, the fifth poll guarantee of the Congress for educated unemployed youth of Karnataka, in Shivamogga on January 12. Apart from their Cabinet colleagues, thousands of people and youths from Shivamogga and neighbouring districts turned up for the launch.

The scheme offers financial aid to graduates and diploma holders who are yet to get a job, but only for a maximum of two years. Training will be provided to the graduates and diploma holders who register themselves on the skill connect portal of the State Government.

The government has promised ₹3,000 per month to degree holders and ₹1,500 per month to diploma holders who were unable to get a job in the past six months and are not pursuing higher studies. The aid will be paid for two years.

The launch was held on the birth anniversary of youth icon Swami Vivekananda. Organisers had made arrangements for close to one lakh people to witness the launch.

More than one lakh beneficiaries from Shivamogga, Davangere, Chitradurga, Chikkamagaluru, Udupi and Haveri districts were expected to participate in the event.

Minister for Medical Education Sharan Prakash Patil, whose department is implementing Yuva Nidhi, said that the scheme is applicable only to graduates and diploma holders whose domicile is Karnataka.

The unemployment allowance will be available till the applicant gets a job or for a maximum of two years.