Chief Minister Chandrababu Naidu has launched the scheme Mukhyamantri Yuvanestham on 2nd October, making Andhra Pradesh the first state to provide educated, unemployed youth with financial security.
With ` 1200 crore to be spent on the scheme every year, the aim is to support the youth for upgrading their skills for better salary, training for self-employment, coaching for examinations or internship programmes.
Reportedly, estimates state that there are 12 lakh youth eligible for the programme while 10 lakh have already registered. “The allowance will be credited into the bank account of the beneficiary by the first week of every month. So far, 2 lakh profiles have been verified,” states a government official.
- Individual should belong to a Below Poverty Line family
- Must age between 22 and 35 years
- Should possess a graduation degree
Must be registered under the Praja Sadhikara survey.