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Karnataka CM Launched Various Schemes on Behalf of Completing his First Year in Office 

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Chief Minister launches Swami Vivekananda Yuvashakti Yojane

On 28th July 2022, Karnataka Chief Minister (CM) Basavaraj Bommai launched various welfare measures in commemoration of the first year anniversary of his government.

  • CM launched Swami Vivekananda Yuva Shakti Yojane that aims at empowering rural youth along with other schemes including, financial assistance and skills training to 10 lakh people for vision towards self-employment and also helps in marketing similar to Stree Shakti Self-Help Groups (SHGs).
  • These initiatives will help people from all sections, including SC/ST, women, working classes, farmers and others, to strengthen them and take the state towards development.

About Swami Vivekananda Yuvashakti Yojane:

i.Under the Swami Vivekananda Yuvashakti Yojane, a SHG of youth is created in each of 28,000 villages with a seed money of Rs.1.5 lakh for every group.

  • This aims at empowering around 5 lakh youth to take up self-employment besides linking their SHGs with banks and markets.

ii.Around 33,000 SHGs of Karnataka have signed Memorandum of Understanding (MoU) with banks with aggregators for providing markets which will benefit 5 lakh women of Karnataka.

  • The government is in a plan to extend similar facilities to young men under the Swami Vivekananda Yuvashakti Yojane.

Other Schemes:

i.Vidyanidhi scholarship programme, a Government initiative for children of farmers has so far benefited 9.98 lakh students, which is now extended to children of weavers, taxi drivers and fisherfolk.

  • More than 8,000 school rooms will be built under this scheme for improving school infrastructure.

ii.Among other schemes, 25 lakh poor SC/ST families will be provided with 75 units of free power per month and the government has also introduced Direct Benefit Transfer (DBT) schemes, which totally costs around Rs. 700 crore to the government.

  • The government has also decided to increase scholarships for SC/ST students, besides hostels and residential facilities.

ii.Under Amruth scheme, health infrastructure will be enhanced to include 750 Primary Health Centres.

Funds for Karnataka:

i.Karnataka government has placed first in the National Institute for Transforming India (NITI) Aayog’s India innovation Index 2021 by receiving the highest investment in the last quarter under Foreign Direct Investment (FDI).

ii.World Economic Forum (WEF) has recently provided Rs 1.15 lakh crore investment to Karnataka government.

iii.The development of Karanataka’s Bengaluru district is on the priority list with 1,500 crore sanctioned for developing storm water drains.

Recent related news:

Karnataka is slated to be the first state in India to establish an exclusive Research & Development (R&D) policy. A task force headed by professor Ashok S.Shettar, the Vice-Chancellor of KLE Technology University (KLE Tech), Karnataka and other officials, has been formed to ensure its effective implementation.

About Karnataka:

Governor – Thawar Chand Gehlot
Stadium – Koramangala Indoor Stadium, Mangala Stadium, Srikantadatta Narasimha Raja Wadeyar Ground (Gangothri Glades Cricket Ground)
Lakes – Hirekolale Lake, Ayyanakere Lake