1. CM Siddaramaiah launches registration for ‘Yuva Nidhi’ in Bengaluru
Chief Minister Siddaramaiah on December 26 launched the registration of the fifth and final poll guarantee ‘Yuva Nidhi’ in Bengaluru, offering unemployment assistance to graduates and diploma holders. It’s successful launch, Mr. Siddaramaiah said, had rendered false Prime Minister Narendra Modi’s claim that the “guarantee” schemes would turn the exchequer bankrupt.
The scheme offers monetary assistance of ₹3,000 to the graduates and ₹1,500 to the diploma holders who passed in the 2022-23 academic year. The money would be given to those who do not get a job even after completion of 180 days from the date of passing of the degree/diploma. Candidates are required to prove domicile of Karnataka for a minimum of six years. The government will begin the distribution of allowances on January 12, which marks National Youth Day.
