DC hands over keys to 33 beneficiaries under “Mumkin’ scheme at Udhampur

Udhampur : Thirty-three beneficiaries were Thursday handed over keys of small commercial vehicles here at District Employment &Counseling Centre Udhampur under Mission Youth’s “MUMKIN” Scheme to enable them to gain a sustainable livelihood line in the transport sector.
Deputy Commissioner, InduKanwalChib handed over the keys of load carrier to the beneficiaries in presence of Assistant Director Employment Udhampur (Nodal Officer), Priyanka Gupta and several other officials of District Employment &Counseling Centre.
The AD Employment informed that onebeneficiary availed a small commercial vehicle of Ashoka Leyland, 09 availed a small commercial vehicle of Mahindra & 23 others availed small commercial vehicles of Tata.
She added that the beneficiary will have full liberty to choose any small commercial vehicle of any approved models/makes of his/her choice under “MUMKIN” Scheme.
Giving details of the scheme, she said Mission Youth, J&K provides an amount of Rs.80000/ or 10% of on-road price of the vehicle (whichever is less) as upfront subsidy. The vehicle manufacturer also provides an upfront special discount, not less than the amount of subsidy.
The banking partner extends the loan facility to the extent of 100% of the on-road price of the vehicle to be purchased without asking for any collateral security.