Andhra Pradesh Cabinet Launches Scheme To Provide Jobless Youth With Rs 1000 Monthly Allowance

The Logical Indian Crew Andhra Pradesh

October 3rd, 2018 / 6:50 PM

Image Credits: Indian Express

About 12 lakh youth will now benefit from the Mukhyamantri Yuva Nestham scheme was launched officially on October 2, with Andhra Pradesh Chief Minister N Chandrababu Naidu giving away an allowance of Rs I,000 to the eligible, unemployed youth in the state.

Objective of the Mukhyamantri Yuva Nestham scheme

The scheme, which was a promise made by the Telugu Desam Party in its 2014 election manifesto aims to provide to educated, unemployed youth financial security until they can find a job. Besides giving the disbursement of the monthly allowance, the scheme aims at providing the youngsters with apprenticeship opportunities and skill development. The scheme’s web portal has already received registration from more than 2 lakh unemployed youth, India Today reported.

Reports say that annually Rs 1,200 crore will be spent on the Mukhyamantri Yuva Nestham scheme. Only diploma or degree holders between the age of 22 and 35 are eligible to receive the unemployment allowance, reported Business Today.


Chief Minister distributes unemployment allowance certificates

At the official launch of the scheme around 400 beneficiaries were present from 13 districts. The event hosted top officials from private companies like Kia Motors, Foxconn and Amara Raja, reported The Economic Times“The chief minister will distribute the unemployment allowance certificates to the beneficiaries tomorrow. He will also interact with the beneficiaries,” a senior state government official had earlier said.

All 175 constituencies will host events at which the local ministers and MLAs will distribute the certificates of unemployment allowance to the beneficiaries. By the first week of each month, the bank account of the beneficiary will be credited with the allowance.


Also Read: Unemployment At An All-Time High With 3.1 Crore Indians Without Job: Report


Contributors

Written by : Sumanti Sen

Edited by : Shraddha Goled

Related Stories

Youth Leadership Program India

10,000 Applications From 500+ Cities, This Youth Leadership Program Is Coveted By The Passionate Youth Of India

New Pension Scheme

New Pension Scheme Requires Govt Employees To Contribute 10% Of Monthly Wages; Draws Criticism

Power loom workers

Jobless Due To GST, 40,000 Odia Workers In Surat Write To Odisha CM Asking For Help

Overtime Allowance

7th Pay Commission Makes Changes, Central Govt Employees Will Not Get Overtime Allowance

Apex Bank

MP: 1,634 Apex Bank Vacancies Scrapped After Conducting Exam; Aspirants Remain Jobless For 9 Months

Cabinet Allocates Rs.1650 Crores For “Prime Minister’s Research Fellows” Scheme

Latest on The Logical Indian

Fact Check

Fact Check: No, The Child In The Viral Picture Did Not Die In Bihar Floods

News

Another Starvation Death In Jharkhand, 40-Yr-Old Man Dies After Starving For Over 10 Days

News

Detailing Pro-Khalistan Activities, India Submits 23-Page Dossier To Pakistan

News

Cabinet Clears Bill To Replace The 63-Year-Old Medical Council Of India

News

UP: BJP MLA Enters School, Enrolls Students As Party Members

News

Rs 400 Cr ‘Benami Plot’ Belonging To Mayawati’s Brother Seized By Income Tax Dept

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.