Karnataka CM opens registration for "Yuva Nidhi" in Bengaluru

Bengaluru: Karnataka CM opens registration for "Yuva Nidhi"

Chief Minister of Karnataka Siddaramaiah began the registration process for the fifth and final poll guarantee, known as "Yuva Nidhi," in Bengaluru on December 26. This program provides graduates and diploma holders with jobless help.

On January 12, the day of Swamy Vivekananda's birth anniversary, national youth day, the government would start giving out allowances.

The program provides ₹3,000 in financial aid to graduates and ₹1,500 to diploma holders who completed the 2022–2023 academic year.

According to officials, aspirants must demonstrate that they have been a resident of Karnataka for a minimum of six years. The money would be awarded to individuals who are unable to find employment even 180 days after the degree or diploma is awarded.

At the event, Chief Minister Siddaramaiah questioned Prime Minister Narendra Modi about his background in economics. He went on to say that Mr. Modi's remark has become untrue because Congress has now implemented all five of the guarantees.

Mr. Modi, is he an economist? It was he who had predicted the State's bankruptcy. The State has fulfilled all five promises, and its finances are sound," stated the Chief Minister.

It has been determined that around 5.3 lakh young people who graduated during the academic year 2022–2023 are qualified recipients. On the other hand, people who are employed or seeking further education are ineligible. The grant is available for a two-year term. For the remainder of the fiscal year, an estimated 250 crore is needed; the program is anticipated to cost 1,250 crore the following year and 2,500 crore the year after.

In addition to Yuva Nidhi, Mr. Siddaramaiah declared that free, The youth will receive training. "The State's citizens have been informed about the program. You ought to have produced 20 crore jobs nationwide by now, as Mr. Modi had pledged to create two crore employment annually. Have the jobs you promised been created? You've got

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