Mission Youth, J&K has the rolled out specially designed community oriented livelihood generation scheme for youth of J&K under the name of ‘Rise Together. The programme envisions promoting community based entrepreneurship optimally to generate jobs, income and promote spirit of social service among new-age young entrepreneurs of Jammu & Kashmir.
Under the scheme, the eligible Youth Groups are to be provided with a financial assistance to the extent of ₹ 20.00 lakh comprising of upfront subsidy component provided by Mission Youth (Minimum of ₹2.5 lakh or 10% of project cost) and Loan provided by the Bank (70% of project cost to the extent of ₹ 17.50 lakh).
The balance cost of project, not less than the 20% of project cost, shall be self-financed/ self-arranged by the beneficiary youth-group as Margin Money.