Yuva Nidhi launched in Shivamogga

Chief Minister Siddaramaiah launched Yuva Nidhi the scheme that offers financial assistance to unemployed graduates and diploma holders for a period of two years, in Shivamogga on Friday, on Swamy Vivekananada’s birth anniversary.

Mr. Siddaramaiah, Deputy Chief Minister D.K. Shivakumar, and other cabinet Ministers marked the launch of the scheme by distributing symbolic cheques to the beneficiaries on the occasion. The amount was credited to the bank accounts of the beneficiaries. A few beneficiaries from Shivamogga, Chikkamagaluru, Davangere, Hassan, Haveri, and other districts received symbolic cheques from the Chief Minister.

The Department of Skill Development, the scheme’s implementing agency, launched the registration for the scheme on December 26. So far, nearly 70,000 graduates and diploma holders have registered for the scheme. While graduates get ₹3,000 a month, diploma holders get ₹1,500 a month.