Yuva Nidhi Scheme Karnataka 2024: Eligibility, Application Form, Last Date, & How To Apply

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Karnataka State Government has launched Yuva Nidhi Scheme to provide financial assistance to the educated and unemployed youth. The main objective of this Karnataka Yuva Nidhi Scheme is to provide financial assistance to the educated unemployed youth.

Karnataka State Government has launched a new scheme named Karnataka Yuva Nidhi Scheme in the state unemployment and educated youth initiative. Under this scheme, financial assistance will be provided to educated unemployed youth. This is an important initiative of the Government of Karnataka. In this article, we will provide you with detailed information about all the information related to the scheme like how to apply online for the Karnataka Yuva Nidhi Scheme, documents eligibility criteria, application form, benefits, and features.

Yuva Nidhi Scheme Karnataka 2024: Eligibility, Application Form, Last Date, & How To Apply

Karnataka Yuva Nidhi Scheme 2024 Details

SchemeDetails
Scheme NameYuva Nidhi Scheme
StateKarnataka
Starting Date26 December
EligibilityUnemployed Graduates
Diploma Holders
Benefits AmountRs 3000 Per – Unemployed GraduatesRs 1500 Per Month – Diploma Holders
Yuva Nidhi Scheme Payment MethodDBT
Application FormClick
Official Websitesevasindhugs.karnataka.gov.in
Karnataka Yuva Nidhi Scheme 2024

Yuva Nidhi Scheme Latest News & Update

Registration of this scheme is starting from 26th December, in which the government has allocated a budget of Rs 250 crore for the youth. Karnataka Chief Minister Siddaramaiah offered unemployment assistance to graduates and diploma holders in Bengaluru on December 26 when he launched the registration of the fifth and last electoral guarantee ‘Youth Fund‘. The government has announced that the distribution of allowances will begin on January 12, the birth anniversary of Swami Vivekananda, on the occasion of National Youth Day.

(Apply) Karnataka Anna Bhagya Scheme 2024: Benefits, Eligibility, Documents Required

Yuva Nidhi Scheme Amount

Request to provide the following amounts to Muskan who is receiving benefits under the Youth Fund Scheme:

  1. ₹3,000 per month for unemployed graduates
  2. Rs 1,500 per month for diploma pass-out

The provision of this support will have to be made to those who accede and will start up to six months after their graduation or completion of their studentship. However, this assistance period ends after two years or attainment of employment, whichever is earlier.

Benefits And Features of Yuva Nidhi Scheme Karnataka

  1. Employment Security: Under the Youth Fund Scheme, suitable applicants get employment security by providing financial assistance to them. It provides them a good opportunity to improve their financial condition.
  2. Supporting Schemes: The scheme provides suitable youth applicants with support from various government schemes and programs designed to enable them to pursue self-employment and local development in various sectors.
  3. Financial Aid: Under the Yuva Nidhi Yojana, monthly financial assistance is provided to the applicants, which helps them start their employment.
  4. Promotion of Entrepreneurship: The scheme motivates the youth who are ready to start their own business and contribute to entrepreneurship. This promotes local entrepreneurship.
  5. Regional Development: Through the Youth Fund Scheme, local youth are encouraged to take up employment generation, entrepreneurship, and skill development, thereby leading to regional development.
  6. Encouragement of self-reliance: The scheme empowers the youth to become self-reliant, which helps them to reach the heights of their career.
  7. Social and Economic Support: Under the Yuva Nidhi Yojana, applicants receive a strong network of social and economic support, giving them greater confidence and support.

(Download) sevasindhuservices.karnataka.gov.in Gruha Lakshmi Application Form 2024

Eligibility Criteria For the Yuva Nidhi Scheme Karnataka

To avail of the benefits of Yuva Nidhi Yojana, applicants must fulfill the following eligibility criteria:

  1. Place of residence: The applicant must be a resident of Karnataka state.
  2. Education: Applicants must complete their degree or diploma in 2022-2023.
  3. Employment attainment: Applicants must not have obtained employment within six months of completing their degree or diploma.
  4. Ex-Beneficiaries: People who are already benefiting from similar schemes or programs will not be eligible.
  5. Students associated with higher education: Students pursuing higher education, receiving trainee wages, or working in the private or government sectors are not eligible.
  6. Loan Borrowers: Self-employed individuals who have taken loans through the state, central schemes, or banks are not eligible.
  7. Bank Account: To avail of the benefits of this scheme, it is necessary to have Aadhaar linked to the applicant’s bank account.

Yuva Nidhi Scheme Required Documents

Following is the list of documents required for the Karnataka Yuva Nidhi Scheme:

  1. Application Form
  2. Income Certificate
  3. Aadhaar Card
  4. Bank Account Details
  5. Birth Certificate
  6. Education Certificate
  7. Caste Certificate
  8. Residence Certificate
  9. Photograph
  10. Mobile Number

It helps you in getting all the necessary documents verified while applying online and in the verification process.

Apply Online Gruha Lakshmi Scheme 2023 @sevasindhu.karnataka.gov.in

Karnataka Yuva Nidhi Scheme Application Form

The state government has started this Yuva Nidhi Scheme for the unemployed of Karnataka. To avail of its benefits, you will have to download and fill out the Yuva Nidhi Scheme Application Form in pdf format for online or offline application. To download the Yuva Nidhi Scheme application form, you can click on the link below.

Check Here

Yuva Nidhi Scheme Offline Application Registration Proces

Follow the following steps to understand the offline application registration process for Karnataka Yuva Nidhi Scheme:

  1. First of all, you have to visit the nearest official office of the Karnataka Government for the offline application process for the scheme.
  2. After reaching the office, you will have to collect the application form for the scheme. It contains all the necessary information and details of the required documents.
  3. Read the application form carefully and provide all the required information and documents. All information in the form must be correct and accurate.
  4. Attach a copy of all required documents along with the form, such as Aadhar Card, Income Certificate, Birth Certificate, Bank Account Details, etc.
  5. After filling in all the required information and documents correctly, you have to submit the application form to the concerned official office
  6. There may be a verification process by the office to verify the application form and documents submitted by you.
  7. When the application and documents are verified, and you are the beneficiary of the scheme, you can get the benefits of the scheme.

Karnataka Yuva Nidhi Scheme Online Application Process

To get information about the Karnataka Yuva Nidhi Yojana online application process, you need to follow the following steps:

  1. Visit the official website of the Karnataka Government where online applications for the Yuva Nidhi Scheme can be made.
  2. By visiting the website, you must register to create an account. You have to provide your required information such as name, address, Aadhaar number, etc.
  3. You have to select the scheme for which you are applying during online registration. Make sure you are choosing the right plan.
  4. During the application process, you will have to upload scanned copies of required documents such as Aadhar Card, Income Certificate, and other required documents.
  5. After submitting all the required information and documents, you have to click on a button to apply.
  6. It may take some time for your application to be verified. After this process, you will get a verification message.
  7. After the verification of your application is complete, if your application is approved, you will be provided the funds or benefits.

Steps To Check Karnataka Yuva Nidhi Scheme Beneficiary Status

Follow the following steps to check the beneficiary status of the Karnataka Yuva Nidhi Scheme:

  1. First of all, visit the official website of the Karnataka Government from which you can check the beneficiary status of the scheme.
  2. Once you reach the website, log in to your registered account. You must provide your username and password.
  3. After logging in, you will get a special link or section on the website from which you can check the beneficiary status of the scheme.
  4. To check beneficiary status, you may need to enter your scheme application number or required information such as Aadhaar number, name, etc.
  5. After providing the correct information, you can check the beneficiary status of the scheme. In this, you will get the status of scheme approval, amount, and other information.
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FAQ

What is the Yuva Nidhi Scheme?

Karnataka Youth Fund Scheme is to provide financial assistance to the unemployed educated youth of the state.

What is the amount of the Karnataka Yuva Nidhi Scheme?

Under the Yuva Nidhi Scheme, an amount of Rs 3000 will be provided to educated unemployed youth and Rs 1500 to diploma graduates.

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