Latest Update Mumkin Scheme JK Registration 2024

The Mumkin scheme has launched in Jammu and Kashmir, empowering unemployed residents to become entrepreneurs in the transportation sector. This initiative provides financial aid to purchase mini trucks or pickup trucks, fostering self-employment opportunities 

The Mumkin Scheme JK 2024 is an incredible initiative by the Jammu and Kashmir government to boost employment opportunities for its citizens. Under this scheme, selected applicants will receive commercial trucks to kickstart their transportation business

• Age: You must be between 18 to 35 years old.
• Residency: You should be a permanent resident of Jammu and Kashmir.
• Employment Status: You must be unemployed, either registered with the Employment Department or certified by the concerned Sarpanch/Municipal Councilor.
• Driving License: You should have a valid driving license or engage a driver with a valid license to operate the vehicle.
• Permit: You need a permit issued by the appropriate authority to ply the vehicle for passengers or goods.
• Previous Assistance: You shouldn’t have received any assistance under self-employment schemes from the Central Government or the Government of Jammu and Kashmir.
• Unique Benefit: Each person can only benefit from this scheme once [3).

• Age: Individuals below 18 years or above 35 years.
• Residency: Non-residents of Jammu and Kashmir.
• Employment Status: Already employed or self-employed individuals.
• Previous Beneficiaries: Those who have availed benefits under any self-employment scheme from the Central Government or the Government of Jammu and Kashmir.
• Government Employees: Serving government employees or those related to them.
• Income Tax Payers: Individuals who pay income tax.
• Existing Business Owners: Those already owning or operating a business or commercial vehicle.
• Defaulters: Individuals with outstanding loans or debts.
• Multiple Applications: Applicants who have already applied or benefited from the scheme.

1. Load Carrier:

• Small Commercial Vehicles (SCV)
• Mini Trucks
• Light Goods Vehicles

2. Passenger Carrier:

• Passenger Vehicles
• Mini Buses
• Public Service Vehicles

3. Eco-Friendly Options:

• Electric Rickshaws (E-Rickshaws)
• Battery-Operated Vehicles

• Financial Assistance: Beneficiaries receive up to ₹80,000 or 10% of the on-road price of the vehicle as a subsidy from Mission Youth.
• Employment Opportunities: The scheme provides small commercial vehicles to help unemployed youth earn a sustainable livelihood.
• Increased Independence: With their own vehicles, beneficiaries can support themselves and their families without relying on others.
• Economic Growth: By promoting self-employment, the scheme contributes to the region’s economic development.

• Driver’s Photograph,
• Domicile certificate,
• Mobile No.
• Aadhar card
• Age proof certificate
• Residential certificate
• Employment number
• Passport size photo
• Commercial Driving License

1. Application Screening: Applications will be reviewed for completeness and eligibility.

2. Document Verification: Submitted documents will be verified for authenticity.

3. Merit-Based Selection: Eligible applicants will be selected based on their driving license, residency, and age.

4. Final Approval: Selected applicants will receive approval for the scheme.

• Step 1: Visit the Official Website: Head over to Mission Youth’s official website at missionyouth.jk.gov.in ¹.
• Step 2: Click on Register: On the homepage, click on the “Register” option to start your application process.
• Step 3: Fill Out the Registration Form: Enter all required details in the registration form and attach necessary documents.
• Step 4: Submit Your Application: Once you’ve filled out the form and attached the documents, click “Submit” to complete your registration.

1. Visit the official website: missionyouth.jk.gov.in

2. Click on “Login” on the homepage.

3. Enter your:

• Login ID (Username)
• Password
• Role (Applicant/Beneficiary)

4. Click “Submit” to access your account.

The Mumkin Scheme subsidy is a fantastic initiative by the Jammu and Kashmir government to empower unemployed youth. Under this scheme, beneficiaries can receive a subsidy of up to ₹80,000 or 10% of the on-road price of the vehicle, whichever is lower. This subsidy is provided by Mission Youth, J&K, and is aimed at helping young entrepreneurs establish a sustainable livelihood in the transport sector 

The Mumkin Scheme interest rate isn’t explicitly stated, but we can look at the J&K Bank’s interest rates to get an idea. For loans, the Base Rate is 9.30% as of August 10, 2024, and the PLR (Prime Lending Rate) is 14.80%.

Contact Details

• Helpline No:- 8447804864

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Ashii Malik

As a committed content writer, I’m Ashii Malik, focused on delivering thorough and precise information about various Indian government schemes and programs. My aim is to guide you in comprehending and making the most of these initiatives. All the relevant details can be found on this platform, [Hindi Yojana News]. If you have any questions, don’t hesitate to reach out—I’m here to help!