The Yuva Nidhi Scheme Karnataka is an initiative by the Karnataka Government aimed at providing monetary support to unemployed graduates and diploma holders. This program is intended to aid young individuals with higher education by offering them a monthly stipend, thereby helping reduce their financial dependence.

Beneficiaries of the Yuva Nidhi Scheme will receive direct monthly payments in their bank accounts through Direct Bank Transfer (DBT) until they find employment or for a maximum of two years. Graduates are entitled to Rs.3,000 per month, while diploma holders receive Rs.1,500 monthly. The financial support ceases once employment is secured or after two years, whichever comes first.

Eligibility for the Yuva Nidhi Scheme mandates that applicants be Karnataka residents who graduated or completed their diploma in the 2022-2023 academic year without securing a job within six months post-graduation. Those already part of similar government initiatives, engaged in higher studies, receiving apprentice wages, or employed in any sector, are ineligible. The scheme also excludes self-employed individuals benefiting from state, central, or bank loans. Aadhaar linking with the bank account is a prerequisite.

Registration for the scheme is available on the Seva Sindhu portal, with the option for online or offline applications. However, official forms and start dates for registration are pending announcement.

To apply online, visit the Seva Sindhu Guarantee Schemes Portal, select 'Yuva Nidhi Yojana,' and complete the form by uploading necessary documents before submitting it to obtain an acknowledgement number. Alternatively, for offline application, download the form, fill it, attach the required documents, and submit it to the designated officials.

Applicants must provide an Aadhaar card, residence certificate, income proof, education credentials, and bank details. To check beneficiary status, visit the Seva Sindhu Portal where updates will be published.

The scheme is beneficial by providing financial aid, direct fund transfers, and promoting economic stability for up to two years, enhancing the financial self-reliance of young graduates and diploma holders in Karnataka.

Moreover, the Karnataka Government also offers other beneficial schemes such as the Gruha Lakshmi Scheme and Gruha Jyoti Scheme, each with their own eligibility criteria, registration processes, and benefits for the state's residents.