Jun 19, 2024

J&K Implementation of Customized Livelihood Generation Scheme for Young Women of J&K “TEJASWINI”- The Radiant.

Eligibility :

Any female domicile of J&K, essentially registered with Mission Youth, J&K.

Any individual women/ women entrepreneur (s)/ Enterprise where women entrepreneurs hold not less than 50% of financial holding.

Preference will be given to the categories of women entrepreneurs trained in R-SETIs/ Skill Development Institutions etc. any other training institute.

The applicant should not be a defaulter to any Bank / Financial Institution.

Loan facility availed by the beneficiaries under Govt. sponsored scheme are not eligible under this scheme,

Domicile of J&K and essentially registered with Mission Youth, J&K.

The financial assistance would be given only to women between the age of 18 to 35 years having a qualification of 10th standard or above.
Provided that CEO Mission Youth shall be competent to relax the educational qualification criteria for deserving candidates on a case to case basis, based on proper justification.

The beneficiary must be unemployed and registered with the concerned District Employment & Counseling Center.

No criteria regarding income of the family would be considered for the eligibility under this scheme.

Any person or any, existing units and the units which have already availed of any incentive or subsidy under any government scheme shall not be eligible for assistance under the scheme

Re-payment of Financial Assistance provided under this scheme shall be interest free.

One woman can seek the assistance under this scheme only once.

Activities covered :

Canteen and Restaurant

Computerized Desk top publishing


Cyber Café

Beauty Parlour

Day care centre

Laundry & Dry Cleaning

Mobile Repairing

Photocopying (Xerox) Centre

Boutique/ Tailoring

Training Institute

Fitness Centre

Yoga Centre

Any other profitable activity/ Micro Start-up/ Small business unit of similar nature


Under the scheme, the eligible potential female entrepreneur shall be facilitated to avail financial assistance under Mudra loan from J&K Bank to the extent of Rs 5.00 lakh

The Scheme Banking Partner shall extend loan facility to the extent of 100% of the project cost under the scheme.

Mission Youth, J&K shall provide an amount of Rs. 50,000 or 10% of project cost (Whichever is minimum) as special incentive (subsidy) towards the loan account of the beneficiary under the scheme which shall be adjusted towards monthly installments of the loan for first six months.

The Bank shall provide the finance facility on the basis of their normal assessment procedure and as such Mission Youth shall not be responsible
for any default on part of the benefiaciary;

Prepayment/ takeover facility by other bank/ financial institution shall not be allowed at any instant of time during the agreed loan-tenure.

At the end of each financial year, the Bank shall provide, case-wise, details of interest charged from the beneficiaries in respect of all the cases completing the prescribed tenure during the particular financial year and the Mission Youth, J&K shall credit the amount to the extent of interest paid by the beneficiaries to respective Bank Accounts of the beneficiaries.

The interest subsidy so provided under the scheme shall be limited to aggregate of Rs 0.60 lakh per beneficiary only.

The interest subsidy, however, shall be provided only on production of necessary documents (including Bank statement/ Income Tax statement/ certificate by DLIC) testifying the sustainability of the activity.

The amount of self assistance provided by Mission Youth (MY) has to be compulsorily utilized for self employment generation only.

If the total project cost of the self employment unit to be set up by the beneficiary exceeds Rs 5.00 lakh, the amount over and above shall have to be self financed by the applicant.

Government of Jammu and Kashmir
Email Id:[email protected] / Phone No:-01998-266746


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