Chief Minister Siddaramaiah and Deputy CM D.K. Shivakumar launched the Yuva Nidhi scheme, the fifth poll guarantee of the Congress for educated unemployed youth of Karnataka, in Shivamogga on January 12. Apart from their Cabinet colleagues, thousands of people and youths from Shivamogga and neighbouring districts turned up for the launch.
The scheme offers financial aid to graduates and diploma holders who are yet to get a job, but only for a maximum of two years. Training will be provided to the graduates and diploma holders who register themselves on the skill connect portal of the State Government.
The government has promised ₹3,000 per month to degree holders and ₹1,500 per month to diploma holders who were unable to get a job in the past six months and are not pursuing higher studies. The aid will be paid for two years.
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