MUMKIN-NEW POSSIBILITIES
(A customized Livelihood Generation Scheme For
The Youth Of Jammu & Kashmir)
The
“MUMKIN” scheme
proposes to establish a sustainable livelihood in transport sector by providing
financial assistance to the unemployed youth for purchase of new small
Commercial Vehicles.
Eligibility
for Registration:
·
The applicant must be a domicile of Jammu
and Kashmir.
·
All the unemployed youth of the district
between the age group of 18-35 who have not availed any kind of financial
assistance/incentive/subsidy under any self- employment scheme run by the
Government.
·
The applicant must be Unemployed (certified
by the Sarpanch /Municipal councilor.)
·
Having a valid Driving License or engage a
driver with a valid driving license.
·
The applicant should have been granted a
permit by an appropriate authority to ply the vehicle for passengers or goods,
as the case may be.
·
No criteria regarding income of the family
would be considered for the eligibility under this scheme.
Mode of Financial
Assistance:
·
The Scheme Banking Partner shall extend loan
facility to the extent of 100% of the On-road Price of the vehicle to be purchased
under the scheme.
·
Mission Youth, J&K shall provide an
amount of Rs. 80,000 or 10% of On-road price of the vehicle (whichever is
minimum). Similarly, the vehicle manufacturer shall also provide an upfront
special discount, not less than the amount of subsidy provided by Mission Youth
towards the loan account of the beneficiary.
·
No collateral security required for availing
the scheme.
How to Apply:-
In order to avail the benefits under the
“MUMKIN” scheme, one has to visit the official portal by entering the URL https://www.jk.gov.in/jkeservices
Users shall be
directed to the page and have to click on Citizen Registration if he/she has
not registered before on the e-service portal to create login ID, password and
Citizen ID. (No need to create again, If already have one).
·
Visit e-services portal with the user ID and
pass word. Having done this, click on “Mission youth” to apply for MUMKIN
scheme.
·
Fill in the details asked and upload the
required documents viz: DOB, Unemployment certificate, Ration card/Domicile
certificate, driving license.
·
Applicants who intend to engage a driver to
operate the vehicle are required to upload in addition to the above:
·
Driver’s photograph.
·
Driver’s driving license.
·
An affidavit to the effect that applicant
will engage a driver to operate the vehicle for a period not less than 3 years
or till the applicant acquires his/her
license or till the liquidation of the loan in full, whichever is earlier.
Desirous
eligible candidates are further advised to register with the District
Employment & Counseling Centre Shopian online at http://jakemp.nic.in before
applying for the scheme.