The Government of Karnataka launched the flagship 'Yuva Nidhi' welfare scheme as part of its social security and youth empowerment initiatives. Which of the following statements regarding the financial assistance structure and eligibility provisions of this scheme are correct?
- It provides financial assistance of ₹3,000 per month to eligible unemployed degree holders and ₹1,500 per month to eligible unemployed diploma holders.Answer
- The monthly financial allowance is granted for a maximum duration of two years or until the beneficiary gains employment or self-employment, whichever occurs earlier.Answer
- CThe financial benefit is extended as an unconditional lifetime monthly pension to all state residents regardless of their future employment status or further educational pursuits.
- DThe scheme exclusively covers candidates with postgraduate doctoral degrees, completely excluding undergraduate degree and diploma certificate holders.
Answer
The statements confirming the monthly financial assistance of ₹3,000 for degree holders and ₹1,500 for diploma holders, and the provision capping the support duration at a maximum of two years or until employment is attained, are the correct statements.
Karnataka's Yuva Nidhi scheme provides transitional financial security to educated unemployed youth by granting ₹3,000 per month to degree graduates and ₹1,500 per month to diploma holders. The financial support is tenure-capped at a maximum period of two years (24 months) and terminates earlier if the candidate secures gainful employment or pursues higher education.
Step-by-Step Solution
Key Concept
Eligibility conditions, financial outlay, and operational guidelines of state youth unemployment support and welfare policies.
Estimated Time:1m 15s