The Government of Karnataka introduced the 'Yuva Nidhi' scheme as part of its welfare guarantees to support educated youth during their transition to employment. With reference to the eligibility criteria and operational features of this scheme, which of the following statements is correct?
- Monthly financial assistance of ₹3,000 is provided to unemployed degree graduates and ₹1,500 to unemployed diploma holders for up to two years.Answer
- BFinancial assistance of ₹5,000 per month is directly transferred to post-graduate degree holders without any restriction on the duration of unemployment.
- CThe scheme is administered by the Department of Health and Family Welfare to promote healthcare skill certifications among graduates.
- DThe benefit is available exclusively to candidates currently employed in informal gig economy roles earning below ₹1 lakh annually.
Answer
Monthly financial assistance of ₹3,000 is provided to unemployed degree graduates and ₹1,500 to unemployed diploma holders for up to two years.
Under Karnataka's 'Yuva Nidhi' scheme, eligible unemployed degree graduates receive ₹3,000 per month and unemployed diploma holders receive ₹1,500 per month. The assistance is provided for up to two years (24 months) or until the beneficiary secures employment or self-employment, whichever occurs first.
Step-by-Step Solution
Key Concept
Yuva Nidhi Scheme Eligibility Parameters and Operational Features
Estimated Time:1m 0s