IAS Gyan

Daily News Analysis

India Young Professional Scheme 2024

19th July, 2024 International Relations

India Young Professional Scheme 2024

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Context:

  • UK announces second ballot for India Young Professional Scheme 2024.

Read in detail about India Young Professional Scheme 2024 here:

https://www.iasgyan.in/daily-current-affairs/young-professionals-scheme

Sources:

  • https://economictimes.indiatimes.com/nri/work/uk-announces-second-ballot-for-india-young-professional-scheme-2024/articleshow/111752782.cms?from=mdr

PRACTICE QUESTION

Q. With reference to “The India Young Professionals Visa Scheme” consider the following statements:

1. The scheme is statutes for Indian undergraduate citizens to live and work in the UK.

2. Candidates must travel to the UK within six months of applying for their visa.

3. The candidate must be between 18 to 25 Years of age.

4. The candidate must hold a valid Passport with at least 6 months of validity.

How many of the statements given above is/are correct?

(a) Only one

(b) Only two

(c) Only three

(d) All four

Answer: b

Statement 1 is incorrect:

The India Young Professionals Visa Scheme is an important part of the UK-India Mobility and Migration Partnership, which was signed between the two countries in May 2021.

The scheme allows Indian citizens with a graduate or postgraduate qualification to live and work in the UK for up to two years.

Statement 2 is correct:

This scheme will enable candidates to enter the UK at any time while their visa is valid and leave and return anytime during their stay.

There are a total of 3,000 places available under the scheme for the year 2023, and UK Visas and Immigration (UKVI) said that most places were given in the first ballot, which took place in February.

The second ballot of the Young Professionals Scheme is now OPEN.

While it's free to enter the ballot, applicants are told they must only enter if they plan to apply for the visa, which costs 259 pounds, and are able to meet the financial, educational, and other requirements.

Additional costs involved include a 940-pound healthcare surcharge and proof that the applicant has 2,530 pounds in personal savings.

Candidates must travel to the UK within six months of applying for their visa.

Statement 3 is incorrect and 4 is correct:

Who is eligible to apply for the scheme?

The candidate must be between 18 to 30 Years of age.

The candidate must hold a valid graduation degree.

The candidate must hold a valid Passport with at least 6 months of validity.

The candidate must submit proof of financial viability for managing expenses during the stay.

The candidate should not have a minor child below the age of 18.

The candidate must submit an application to the designated authorities.