Chief Minister of Karnataka Siddaramaiah Recently the fifth and final electoral guarantee of the Congress Party was unveiled, named ‘‘Yuva Nidhi’ scheme. This initiative was launched at Freedom Park in Shivamogga. It aims to provide unemployment assistance to graduates and diploma holders who completed their degrees during this period Academic year 2022-23.
Main features of ‘Yuva Nidhi’ scheme
Financial assistance for unemployed graduates and diploma holders
Under the scheme the government is committed to provideRs 3,000 per month for degree holders and Rs 1,500 per month for degree holders For those diploma holders who have been unable to secure employment in the last six months and are not pursuing higher studies.
check delivery ceremony
Chief Minister Siddaramaiah during the launch event Checks issued individually to unemployed graduates traveling from different parts of the state, This symbolic gesture aims to emphasize the government’s commitment to supporting the youth in the state.
Sharanprakash Patil, the minister responsible for implementing the ‘Yuva Nidhi’ scheme, clarified that this assistance is exclusively applicable for graduates and diploma holders. Domicile is Karnataka. This condition ensures that the benefits of the scheme reach the residents of the state.
Presence of Deputy Chief Minister and Ministers
Deputy Chief Minister DK Shivakumar, Ministers Sharan Prakash Patil, Madhu Bangarappa, Mankale Vaidya, MC Sudhakar and others were present at the launch event. Their participation highlighted the collective effort of the government in addressing the issue of unemployment among the youth.
References within the five congressional guarantees
Joins the ‘Yuva Nidhi’ scheme Four Guarantees launched earlier, namely ‘Shakti,’ ‘Anna Bhagya,’ ‘Griha Jyoti,’ and ‘Griha Lakshmi.‘These guarantees cover a wide range of issues from women’s empowerment and food security to access to electricity and financial support for female heads of households.
Important questions related to exam
1. What is the primary focus of the ‘Yuva Nidhi’ scheme recently launched in Karnataka?
A) Providing free electricity
B) To provide financial assistance to unemployed graduates and diploma holders
c) Offering free travel to women in non-luxury government buses
2. How much monthly assistance does the ‘Yuva Nidhi’ scheme promise to provide to degree holders who have been unemployed for the last six months?
A) Rs 3,000
B) Rs 2,000
C) Rs 1,500
3. Which department is responsible for implementing the ‘Yuva Nidhi’ scheme in Karnataka?
A) Women and Child Development Department
B) Agriculture Department
C) Department related to Minister Sharanprakash Patil
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