Fifth and final promise by Karnataka Congress during the assembly elections in May
Reportedly the fifth and final promise by the congress during the assembly elections in May, which brought them to power in karnataka, yuva Nidhi scheme, is now open for registrations. But the launch of this scheme was not devoid of political grandstanding as karnataka chief minister Siddaramaiah hit out at prime minister Narendra Modi, questioning whether he is an economist. “Under the yuva Nidhi scheme, money will be directly deposited into the bank accounts of the beneficiaries. You (PM Modi) failed to keep up your word. Have you created two crore jobs a year as promised to the people of this country?” the karnataka cm questioned.PM Modi, while campaigning in the states that went to election recently, had criticised the Congress’ “new formula of guarantees”. “Are they fulfilling their guarantees? Their guarantees will leave the country bankrupt,” Modi had said. Siddaramaiah took on the PM while speaking at the inaugural program to open registrations for yuva Nidhi, wondering whether the PM was an economist at all. The chief minister stated that PM Modi had said karnataka will go bankrupt if the five guarantees are implemented. yuva Nidhi, Congress’ last poll guarantee, includes providing monetary assistance of Rs 3,000 on monthly basis to unemployed graduates and Rs 1,500 to the diploma holders of the state who passed in the 2022-23 academic year.The official disbursal of the amount to the beneficiaries is to be launched on january 12, which is also celebrated as National youth Day marking the birth anniversary of Swami Vivekananda. An allotment of Rs 250 crore has been set aside by the Siddaramaiah led congress government for this scheme for this year. According to karnataka Skill Development and Entrepreneurship minister Sharan Prakash Patil, an expenditure of Rs 1,250 crore is anticipated in the next year, and the state may incur a spending of approximately Rs 2,500 crore in the following years based on the registrations. He further said the congress hopes to project that the unemployment rate under the Modi government has gone up and the promises made by him, including special schemes for women and minorities, have not been fulfilled, but the Siddaramaiah government is able to do so effectively.