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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.

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About This Scheme

"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

Matching subsidy from the vehicle manufacturer (equal to Mission Youth's contribution).

₹80.0K

Up to ₹80,000 subsidy (or 10% of on-road price, whichever is lower) per beneficiary from Mission Youth.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Driver Photograph.
  • Domicile Certificate/Ration Card.
  • Birth Certificate
  • Applicant Driving License.
  • Driver Driving License.
  • Affidavit
  • Unemployment Certificate.

✦ Required ◦ Optional

How to Apply

OOnline

Applicant need to follow the official website . Click on the registration button and provide the following details. Submit 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. Submit.

Quick Info

Level
Central Government
Max benefit
₹80.0K