Andhra govt announces monthly stipend for unemployed youths. Here’s what you need to know

There are approximately 12 lakh unemployed people in the Andhra Pradesh

By: News Desk |
May 19, 2017 6:28 pm

Honouring its poll promise of allowance for unemployed youth, the Andhra Pradesh government has decided to give a monthly stipend of Rs 2000 per person till they land a job. The state cabinet sub-committee had given a green signal for the scheme with an initial budget of Rs 500 crore, reports Indian Express.

Speaking with Indian Express, Finance Minister Yanamala Ramakrishnuduimpart said that steps are being taken for skill development and training and create more job opportunities for youth. There are approximately 12 lakh unemployed people in the Andhra Pradesh and the state government is working on an age-wise break-up while ascertaining the percentage of youths who are skilled.

Here are the salient features of this new scheme

The Rs 500 crore project is expected to kick-off from July end
The financial aid will be provided for a period of 2-3 years.
People who are registered with employment exchanges and bureaus for last five years would be given first preference.
The scheme will be available for only one unemployed person per family.
Those availing benefits of the scheme could be asked to participate in community-oriented projects.
Taking a cue from states like West Bengal (Rs 1,000 to Rs 1,500) and Tamil Nadu (Rs 500), the state government may fix monthly stipend of Rs 2000.
The Andhra government may hike the budgetary allocation to Rs 1,000 crore.

In its 2014 poll manifesto, Telugu Desam Party (TDP) had promised that if voted to power it would ensure at least one job for each family and a financial aid of Rs 1,000 to Rs 2,000 to unemployed youth.