Mumkin – Livelihood Generation Scheme

The Mumkin – Livelihood Generation Scheme is a groundbreaking initiative by the Government of Jammu & Kashmir, designed to empower the state’s young, unemployed population. Recognizing the significant challenges faced by youth in securing stable employment, the scheme provides financial support to encourage self-employment. Specifically, the program targets young individuals who wish to venture into the transportation sector by enabling them to purchase small commercial vehicles. This initiative fosters self-reliance, offers a steady income source, and strengthens the local economy by increasing youth participation in the workforce.

Objectives of the Scheme

The Mumkin Scheme aims to:

• Promote Self-Employment: By offering financial assistance to young people, the scheme supports their transition from unemployment to self-employment in the transportation sector.
• Financial Accessibility: The scheme removes financial barriers, providing subsidies and facilitating loans, so that youth can afford small commercial vehicles.
• Economic Growth: By encouraging young entrepreneurs, the scheme aims to boost economic activity within Jammu & Kashmir, particularly in the transportation industry.
• Skill Development: It also contributes to skill enhancement, as applicants must possess a commercial driving license to qualify.

Benefits of the Scheme

The Mumkin Scheme provides substantial financial aid to eligible applicants to help them start their businesses:

• Subsidy from Mission Youth:
  • Up to ₹80,000 per beneficiary (or 10% of the on-road price of the vehicle, whichever is lower).
• Matching Subsidy from Vehicle Manufacturers:
  • Vehicle manufacturers will provide an equal amount of subsidy as Mission Youth’s contribution, making the vehicle more affordable for the beneficiary.

This combination of subsidies helps reduce the financial burden on young entrepreneurs, allowing them to access vehicles and kickstart their self-employment journey in the transportation sector.

Eligibility Criteria

To avail of the Mumkin Scheme, applicants must meet the following conditions:

1. Domicile Requirement: The applicant must be a domicile of Jammu & Kashmir.
2. Age Limit: Applicants should be between 18 to 35 years of age.
3. Unemployed Status: The applicant must be unemployed at the time of application.
4. Commercial Driving License: The applicant must hold a valid commercial driving license.
5. Vehicle Rental: If the applicant intends to rent the vehicle to others, an affidavit and proof of a commercial driving license will be required.
6. No Prior Government Assistance: The applicant must not have received any previous financial assistance or subsidies from a government organization for self-employment.
7. One-Time Benefit: The applicant can avail of the benefits of the scheme only once.

Application Process

The application process for the Mumkin Scheme is streamlined through an online portal. Applicants can follow these steps to apply:

Step 1: Registration

1. Visit the official website for the Mumkin Scheme.
2. Click on the registration button to create an account.
3. Provide personal details, including:
   • Citizen Registration Details
   • Last Resided/Current Address
   • Permanent Address
   • Additional information as required.
4. Set up Login Credentials and submit the form.

Step 2: Login & Apply

1. Log in to the official website using your registered credentials.
2. Navigate to e-services and select the Finance/Mission Youth option.
3. Fill out the application form and enter the required vehicle details.
4. Upload the necessary documents (as mentioned below).
5. Click Submit to complete the application.

Documents Required

Applicants must upload the following documents to complete the application:

1. Driver Photograph: A recent passport-sized photograph of the driver.
2. Domicile Certificate or Ration Card: Proof of residence in Jammu & Kashmir.
3. Birth Certificate: To verify age eligibility.
4. Applicant’s Driving License: A valid license to show eligibility for the scheme.
5. Driver’s Driving License: If applicable, a commercial license for the driver.
6. Affidavit: Required if the vehicle is to be rented out to others, confirming the applicant’s commercial driving status.
7. Unemployment Certificate: Proof of unemployment at the time of application.

Conclusion

The Mumkin – Livelihood Generation Scheme is a vital initiative for empowering the youth of Jammu & Kashmir, particularly those interested in self-employment in the transportation sector. By providing financial assistance and subsidies for small commercial vehicles, this scheme helps young people become financially independent and contribute to the local economy. With its clear eligibility criteria and accessible application process, the Mumkin Scheme is an excellent opportunity for aspiring entrepreneurs to kickstart their careers.

For more information and to apply, visit the official website of the Jammu & Kashmir Government’s Mission Youth portal.