MLGS

"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.

"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.

• 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.

• 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).