Unemployed young youths of Karnataka who have completed graduation and diploma courses in the year 2023 are hereby informed that there is no longer a need to be unemployed because the Karnataka Yuva Nidhi Scheme is here for you. This scheme is an unemployment allowance scheme designed to solve employment from the state by providing unemployment allowance to both degree as well as diploma holders. Under this scheme government provides financial assistance as per the educational qualification of the youth through the direct bank transfer mode, ensuring that the benefits will be given in a smooth distribution way. If you’re a young unemployed graduate of Karnataka who is struggling with financial problems and wishes to enroll under the unemployment allowance scheme so stay connected with this article to know the process of application, eligibility, and more.
About Karnataka Yuva Nidhi Scheme
The “Karnataka Yuva Nidhi” is an unemployment allowance scheme designed by the Government of Karnataka for all the jobless graduates across the state. Under this, the government provides financial assistance to unemployed young people for a maximum period of two years. This scheme is only available for those who are either degree or diploma holders, but are struggling with employment opportunities due to a lack of employment options. By offering this scheme government aims to ensure that every youth can meet their regular expenses without any financial dependence on others and become an independent entity. This scheme is designed to solve the rapid rate of unemployment among thousands of youths who are educated but still jobless across the state.
Objective of Karnataka Yuva Nidhi Scheme
The main objective of this scheme is to provide unemployment allowance to thousands of unemployed graduates across the state. Under this scheme, deserving youths receive financial assistance from the government to safe themselves from the tag of unemployment. This help is only available for a period of two years.
Key Highlights of Karnataka Yuva Nidhi Scheme
| Scheme Name | Karnataka Yuva Nidhi Scheme. |
| Launched by | Government of Karnataka. |
| Year | 2025-26. |
| Objective | To provide unemployment allowance to thousands of unemployed graduates across the state. |
| Financial Aid | Rs. 1,500 to Diploma & 3,000 to Degree Holders. |
| Time Period | 24 Months. |
| Benefit Transfer Mode | Direct Bank Transfer (DBT). |
| Target Beneficiaries | Unemployed Graduates. |
| Mode of Checking | Online. |
| Official website | Seva Sindhu. |
Eligibility Criteria
To be eligible applicant needs to meet the following eligibility criteria’s these are as follows:-
- Applicant must be a permanent resident of Karnataka.
- Applicant must be an unemployed young graduate.
- Applicant must have completed graduation and diploma courses in the year 2023.
- Applicants who are employed in /government, aided undertaking / PVT sectors are not eligible.
- Applicants who are self-employed are not eligible.
- Applicants who are pursuing studies are also not eligible to apply.
Financial Benefits
- Under this scheme, degree holders will receive Rs 3,000, and diploma holders will get Rs 1,500 respectively.
Important Dates
| Events | Date |
| First Launched on | 26/12/2023. |
| Application Open | Going on. |
| End on | Not Decided Yet. |
Required Documents
- Aadhar Card
- Resident Proof
- Caste Certificate
- Income Certificate
- Bank Details
- Passport-Sized Photograph
- Phone Number
Salient Features
- Nodal Department:- The Skill Development, Entrepreneurship and Livelihood Department, Government of Karnataka, is the nodal department of Karnataka Yuva Nidhi Scheme.
- Aid to Degree Holders:- Under this scheme, the government provides financial assistance of Rs 3,000 to degree holders.
- Aid To Diploma Holders:- Those who hold a diploma will receive financial aid of Rs 1,500 from the government.
- Period of Allowance:- This scheme is available for a maximum period of two years.
- Target Groups:- Under this scheme government provides financial support to educated unemployed youths across the state.
Application Process
- First of all, all the interested youth need to visit the official Seva Sindhu website.
- Once the applicant has accessed the home page of the official website, they need to go to the Apply for Service section.
- After that applicant needs to enter their details, such as mobile number and email ID.
- After entering applicant needs to click on the Get OTP option.
- As the applicant clicks, a one-time password will be triggered on the registered mobile number.
- Now the applicant needs to enter the OTP along with the capture code shown.
- At last, click on the submit button to complete the process.
Helpline Number
- Telephone:- 22252636
- Or go through this Department’s Secretariat Contact PDF.
FAQs
Who has launched this scheme?
The state government of Karnataka has introduced the scheme called Yuva Nidhi to provide unemployment allowance to those students who have completed graduation and diploma courses in the year 2023.
Can a student who is pursuing studies apply?
No, only those who have completed graduation and diploma courses can apply.
What are the benefits of this scheme?
Under this scheme, those candidates who have completed graduation and diploma courses will receive Rs 3,000, and diploma holders will get Rs 1,500 respectively.
What is the timeline of this scheme?
This scheme is available for a maximum period of two years.