Clears 77 cases under “MUMKIN” Scheme worth Rs 4.62 cr
In order to ensure effective implementation of Livelihood Generation schemes like “MUMKIN” and Women Oriented Scheme “TEJASWINI” in the District, a meeting of District Level Implementation Committee(DLIC) was held under the Chairmanship of the Deputy Commissioner(DC), Srinagar Mohammad Aijaz Asad here on Thursday in his Office Chamber.
General Manager, DIC, Hameeda Akthar, Deputy Director Employment, Sheeba Inayat, LDM, Abdul Majeed, ARTO, Mohammad Arif and Officers from JKEDI, DIC and other concerned Departments were present in the meeting.
During the meeting the Deputy Commissioner took a detailed assessment of the implementation of “MUMKIN” and “TEJASWANI” schemes in the District.
On the occasion, as many as 77 cases of unemployed eligible beneficiaries of Srinagar District under “MUMKIN“ scheme were brought before the Chairman of the Committee for approval.
After detailed deliberation, the Deputy Commissioner, approved all 77 cases in favour of eligible beneficiaries of Srinagar District for purchase of commercial vehicles under” MUMKIN” scheme for providing financial assistance to the tune of Rs 4.62 crore besides other incentives under the scheme to earn livelihood with dignity and honour.
The DC also approved a subsidy amount of Rs 3.71 lakh in favour of already sponsored 5 “MUMKIN” cases in whose favour financial assistance of 35 lakh has been already disbursed.
Similarly, the Chairman DLIC held threadbare deliberations on the implementation of Women Oriented Scheme “TEJASWANI” in Srinagar District and as many as 56 cases of unemployed eligible female aspiring entrepreneurs of the District were brought before the Committee for approval.
The Deputy Commissioner after detailed discussion approved 53 Project Proposals of the eligible female entrepreneurs of Srinagar district under “TEJASWANI” scheme for setting up of profitable self-employment ventures suited to their skill and training aptitude for which financial assistance of Rs 2.38 crore shall be provided by the banks, in addition to other subvention incentives.
The DC also approved the subsidy amount of Rs 13.50 lakh in favour of already sponsored 27 “TEJISWINI” cases in whose favour financial assistance of 1.21 crore has been already disbursed.
Speaking on the occasion, the Deputy Commissioner said that the District Administration, Srinagar is working hard with the vision and strategy of the government to provide better employment avenues for youth of the District through systematic livelihood generation programmes launched by the Government.
The DC urged upon the youth of Srinagar District to come forward and avail the benefits of different self-employment schemes of the Government to earn dignified livelihood not only for their family but to become job providers for others through a sustainable business chain.
The Deputy Commissioner (Chairman DLIC) exhorted the Officers to bring more progressive youth under the ambit of the scheme by disseminating awareness among the masses so that more and more unemployed youth are benefitted.
Pertinent to mention that the “TEJASWINI” scheme is aimed to provide financial assistance to young women entrepreneurs for setting up profitable self-employment ventures suited to their skill and training aptitude. The purpose of the scheme is also to empower and encourage young aspiring women of the District in the age group of 18 to 35 to start their business for income generation activities either in manufacturing, service, trading or small business to earn livelihood.
The activities covered under this scheme include Beauty Parlour, Boutique/Tailoring, Fitness Centre, Yoga centre, Canteen and Restaurant, Crèche, Cyber Cafe, or any other profitable activity of similar nature.
The eligible potential female entrepreneur of the District shall be facilitated to avail financial assistance under Mudra loan to the extent of Rs 5 lakh. While scheme partner shall extend the loan facility to the extent of 100% of the project cost under the scheme.
Mission Youth shall also provide an amount of Rs. 50,000 or 10% of the project cost as a special incentive (subsidy) towards the loan account of the beneficiary under the scheme—(KNO)