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Yuva Nidhi Scheme 2024: Financial Aid for Karnataka’s Unemployed Youth

The Yuva Nidhi Scheme is a flagship welfare program by the Karnataka government, designed to support educated yet unemployed youth. It provides monthly financial assistance and skill development opportunities, helping beneficiaries stay afloat while job hunting. This guide covers eligibility, benefits, and step-by-step application details.

What is the Yuva Nidhi Scheme?
Launched under Karnataka’s “Five Guarantees” initiative, the Yuva Nidhi Scheme offers:
₹1,500/month for unemployed diploma holders.
₹3,000/month for degree graduates (UG/PG).
Financial aid for up to 24 months or until employment, whichever comes first.
Skill training programs to enhance employability.

The scheme empowers youth to:
✔ Prepare for competitive exams (UPSC, SSC, PSC, etc.).
✔ Pursue self-employment or higher-skilled jobs.
✔ Stay financially independent during their job search.

Why is Yuva Nidhi Important for Competitive Exams?
Government schemes like Yuva Nidhi are frequently asked in exams like KAS, UPSC, SSC, and state PSCs. Understanding its objectives, eligibility, and implementation helps in:
General Awareness sections.
Essay writing on unemployment/welfare schemes.
Interview rounds for administrative services.

Eligibility Criteria for Yuva Nidhi Scheme
To qualify, applicants must:
✅ Be Karnataka residents with 6+ years of state schooling.
✅ Hold a diploma/degree (passed in 2022 or later).
✅ Be unemployed for 6+ months post-graduation.
❌ Not be self-employed, enrolled in higher studies, or receiving other govt. benefits.
❌ Not be employed in government/private sectors.

Required Documents:
Aadhaar Card
Degree/Diploma Certificate
Domicile Proof (Caste/Income/Residence Certificate)
Bank Account Details
Mobile & Email ID

How to Apply for Yuva Nidhi Scheme
Step 1: Verify Academic Details on NAD Portal
Visit Karnataka NAD Portal.
Click “Yuva Nidhi Eligibility Check”.
Enter details (degree/diploma, university, registration number).
If records match, proceed to apply.
Step 2: Online Application via Seva Sindhu
Register/Login on Seva Sindhu Portal.
Fill the form with personal, educational, and bank details.
Upload documents & submit. Note your application number!
Offline Application:
Visit Grama One, Bangalore One, or Karnataka One centers.

How to Check Application Status
Log in to Seva Sindhu Portal.
Search “Yuva Nidhi Status”.
Enter your application number and view payment details.

Exam Questions & Answers
Q1. What is the monthly stipend for degree holders under Yuva Nidhi?
✅ Ans: ₹3,000 per month.
Q2. Can a self-employed person apply for Yuva Nidhi?
✅ Ans: No, self-employed individuals are ineligible.
Q3. How long is the financial aid provided under this scheme?
✅ Ans: Up to 2 years or until employment.
Q4. Which portal is used to apply for Yuva Nidhi?
✅ Ans: Karnataka’s Seva Sindhu Portal.
Q5. What is the purpose of the Yuva Nidhi Scheme?
✅ Ans: To support unemployed youth financially while they seek jobs or skill training.

Yuva Nidhi Helpline
For queries, call: 1902 or 1800-599-9918.

The Yuva Nidhi Scheme is a game-changer for Karnataka’s youth, offering crucial support during unemployment. For competitive exam aspirants, mastering such schemes boosts GK scores and interview performance. Stay updated on MyEntrance.in for more exam-focused insights!