Karnataka government has announced to launch 2 new schemes namely Yuvasnehi scheme and Badukuva Daari scheme. Under this scheme, the state govt. will provide financial assistance and monthly stipend to youths. Read this article till the end to know complete details of yuvasnehi yojana and badukuva daari yojana as per announcement made in Karnataka Budget 2023-24.

Karnataka Yuvasnehi Scheme 2023

Finance Minister has presented Karnataka Budget 2023-24 on 17 February 2023. While presenting the budget, FM said "For the youth who could not get employment even after three years of completing the degree education, to encourage them to participate in competitive examinations, under a new scheme 'Yuvasnehi', one time financial assistance of Rs. 2,000 per person will be provided".

Badukuva Daari Scheme in Karnataka Budget 2023-24

FM mentioned "Under a new 'Badukuva Daari scheme', for the youth who for various reasons could not continue education after the school education, a monthly stipend of Rs. 1,500 will be provided. to obtain Job Oriented Certificate Training of 3 months duration in ITIs. A monthly Apprentice allowance of Rs. 1,500 will be provided for 3 months to those who complete this training".
To encourage self-employment for rural youth, under the Swami Vivekananda Yuva Shakthi Yojane, a revolving fund of Rs. 10,000 will be provided for every Swami Vivekananda Youth Joint Liability Group established in Gram Panchayat level in the year 2022-23. Further for undertaking self-employment activities, Rs 5 lakhs of financial assistance will be provided through bank of which Rs.1 lakh will be government support. 

Also, to encourage youth talents of the state, Swami Vivekananda Yuva Prashasti will be given to five youth who have made exemplary achievements in various fields.

Overview of Badukuva Daari / Yuvasnehi Scheme

Name of SchemesYuvasnehi Scheme and Badukuva Daari Scheme
Date of Announcement17 February 2023
Who Announced itFinance Minister, while presenting Karnataka Budget 2023-24

Karnataka Budget Speech 2023-24: https://finance.karnataka.gov.in/storage/pdf-files/1_BUDGET%20SPEECH(Eng).pdf