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Unemployed people will get Rs 3000 monthly in Karnataka, Know how to apply for this scheme


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The Karnataka government introduced the Congress party’s fifth ‘guarantee,’ offering a monthly stipend for unemployment. Chief Minister Siddaramaiah inaugurated the scheme, providing Rs 3,000 to graduates and Rs 1,500 to diploma holders.

Eligibility and Duration

The ‘Yuva Nidhi’ scheme targets graduates and diploma holders from the academic year 2022-23 who remain unemployed for more than 180 days after completing their education. The stipend is limited to two years and ceases once the beneficiary secures employment. Individuals pursuing higher education are ineligible.

Financial Allocation

The state government has allocated Rs 250 crore for the scheme in the current financial year. Anticipating future costs, it estimates Rs 1,200 crore next year and Rs 1,500 crore annually from 2026 onwards.

Chief Minister’s Address

Chief Minister Siddaramaiah addressed the public, acknowledging concerns about unemployment. He emphasized the need for the ‘Yuva Nidhi’ scheme, citing the rise in unemployment from 5.5% in 2014-15 to 10.5% currently.

Yuva Nidhi in the Context of Other Guarantees

Siddaramaiah highlighted the existing guarantees like ‘Shakti,’ ‘Anna Bhagya,’ ‘Gruha Lakshmi,’ and ‘Gruha Jyoti,’ aimed at providing relief to 1.5 crore families in Karnataka. These guarantees follow the principle of universal basic income, promoting societal equality.

Social and Financial Freedom

Quoting Ambedkar, Siddaramaiah emphasized that political freedom alone is insufficient. Social and financial freedom are essential for society, aligning with the Congress party’s commitment to these principles.

Skill Development and Duration of the Scheme

Siddaramaiah mentioned plans for skill development training for ‘Yuva Nidhi’ beneficiaries. The scheme’s duration is two years, with the stipend discontinued upon securing employment. The skill development department will determine the appropriate training based on individual needs.

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