Mumkin - Livelihood Generation Scheme
"Mumkin - Livelihood Generation Scheme" is a initiative of Jammu & Kashmir State. This scheme is provide the financial help to the youth to empower them and promote the self employment.
What you get
- Up to ₹80,000 subsidy (or 10% of on-road price, whichever is lower) per beneficiary from Mission Youth.
- Matching subsidy from the vehicle manufacturer (equal to Mission Youth's contribution).
Who can apply
- Applicant must be domicile of Jammu and Kashmir.
- The age of the applicant should be between 18 to 35 years.
- Applicant must be unemployed.
- Applicant must have commercial driving license
- In case, renting a vehicle to someone else : Affidavit required to be submit with his/her commercial driving license
- Applicant must not be received any financial assistance or subsidy from government organization for self employment.
- Applicant can get the scheme benefit only at once.
Who cannot apply
How to apply
Online
Registration
- Applicant need to follow the official website.1. Click on the registration button and provide the following details.
- Citizen Registration Details.
- Last Resided/Current Address Details.
- Permanent Address Details.
- Additional Details.
- Login Details.
- Submit
Login & Apply
- Login on the official website.1. Click on e-services and select Finance/Mission youth _option._1. Fill out the application form and vehicle details.
- Upload the required documents.
- Driver Photograph.
- Domicile Certificate/Ration Card.
- Birth Certificate.
- Applicant Driving License.
- Driver Driving License.
- Affidavit.
- Unemployment Certificate.
- Submit.
Details
"Mumkin - Livelihood Generation Scheme" is an initiative launched by the Jammu & Kashmir State specifically aimed at empowering its young population. Recognizing the challenges faced by unemployed youth, this program offers financial assistance to help them embark on their journey towards self-employment. By providing subsidies and facilitating bank loans, Mumkin removes a significant financial barrier for aspiring young entrepreneurs, allowing them to invest in small commercial vehicles and establish themselves within the transportation sector. This not only fosters self-reliance among Jammu & Kashmir's youth but also injects fresh energy and resources into the local economy.