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11 cases under Mumkin Scheme approved at Ang

DC appeals eligible youth to avail benefits

KH Business Desk by KH Business Desk
July 4, 2021
in Business
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Anantnag:The District Level Implementation Committee Saturday approved eleven (11) cases for disbursement of loan to beneficiaries under Customised Livelihood Generation, Mumkin Scheme, here.
Earlier, Deputy Commissioner (DC), who is also the Chairman of DLIC Anantnag, Dr. Piyush Singla took detailed review of the implementation of the (Mumkin) scheme in a meeting of District Level Implementation Committee (DLIC). Beneficiaries hailing from different areas of the district including those from far flung areas have been covered.
During the meeting, threadbare discussion was held on different aspects of the scheme to ensure hassle-free and time bound approval of cases.
Highlighting the importance of the scheme, the Chairman DLIC said that ‘MUMKIN’ scheme is a livelihood generation scheme launched by the Government through which aspiring eligible unemployed youth can avail benefits to purchase light commercial vehicles to earn livelihood under subsidized norms
Dr. Singla impressed upon AD Employment to bring more progressive youth under the ambit of the scheme by generating awareness among them. He also appealed to eligible youth to come forward and avail livelihood benefits under the scheme.
The meeting was informed that beneficiaries under the scheme are supported by scheme partners and Government through 20 percent of the on road price of the vehicle as subsidy in order to meet their margin money management including insurance/registration charges and initial repayment obligations (EMIs).
It was further given out that rest cases will be placed before the Committee for approval in coming days.

KH Business Desk

KH Business Desk

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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