The website for the same will be launched before the end of this month, in which the unemployed youth would register their details. The disbursement of allowance will start after 15 days of registration which will be credited directly into the bank accounts.
12.26 Lac youths between the age group of 22 to 35 years will benefit through this scheme. Registrations for enrolling will start by fourth week of August. The scheme won't be applicable to those paying provident fund. The scheme will be implemented in a very transparent manner like the pension scheme. The money will be credited directly into bank accounts through biometric authentication.
Simultaneously, government will impart skill development and train the youth in fields of their interests. Also, by integrating State and central schemes, apprenticeship programs will be rolled out through which the youth can get on-job training and upgrade their skills.
The data of the unemployed youth of Andhra Pradesh will be made available to industries and companies that are looking for young talent. However, the individuals will not be eligible to get the allowance once they are employed.
The scheme will be implemented in accordance to the poll promise made by the Chief Minister during the 2014 election campaign.
The State Cabinet has also decided to recruit employees to fill 20,000 job vacancies, 9,000 teaching posts, and vacancies in other departments.