J&K youth derive success from Mumkin scheme

SRINAGAR — Mumkin scheme of Mission Youth has successfully engaged and channelised energy of youth of Jammu and Kashmir through a systematic livelihood generation programme in transport sector.

Union Territory administration in partnership with Ashok Leyland has moved towards achieving the vision of Prime Minister to provide sustainable livelihood to youth under “MUMKIN” scheme for Transport Sector.

With this partnership, government aims to move towards creation of a better socio-economic ecosystem, self-employment opportunities and elimination of poverty in J&K.

As part of “MUMKIN” initiative, Lieutenant Governor distributed highly subsidized small commercial vehicles among first batch of young beneficiaries from across the Union Territory to mark the beginning of government’s commitment towards livelihood generation for youth.

The ‘Mumkin’ is a livelihood programme designed primarily for unemployed young people in the age bracket of 18 to 35 years. Under ‘Mumkin’ scheme, small commercial vehicles are being provided to the youth with banking partner extending the loan facility to the extent of 100 percent for on-road price of the vehicle to be purchased.

Mission Youth, J&K, provides an amount of Rs 80,000 or 10 percent for the on-road price of the vehicle (whichever is lesser) as upfront subsidy and the vehicle manufacturers (scheme partner of government) provide an upfront special discount, not less than the amount of subsidy.

Muzafar Wani of Ramban is thankful to the administration for providing him a vehicle which helped him to secure a respectable livelihood that could fulfil the needs of his family.

Wani is satisfied with the earnings after owning a vehicle under Mumkin Scheme.

Similarly, economic status of Riyaz Raqeeb of Srinagar was elevated after receiving a Mahindra Pickup Vehicle under the ‘Mumkin’ scheme.

Hatib Javaid of Shopian was working as daily wage labourer and could hardly bear the expenses of his family with a meagre earning.

The awareness programme of Mumkin scheme which he attended gave him a ray of hope for realizing his dream of owning a vehicle.