Mumkin – Livelihood Generation Scheme

Mumkin – Livelihood Generation Scheme

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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.

 

 

Benefits

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).

Eligibility

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.

Application Process

official website.

Online

 

Registration

Applicant need to follow the official website.

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.

Click on e-services and select Finance/Mission youth option.

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.

Documents Required

Driver Photograph.

Domicile Certificate/Ration Card.

Birth Certificate

Applicant Driving License.

Driver Driving License.

Affidavit

Unemployment Certificate.

Disclaimer

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