32 youth provided mini-commercial vehicles under MUMKIN scheme

Udhampur : Deputy Commissioner Udhampur Krittika Jyotsna today handed over the keys of mini-commercial vehicles to 32 beneficiaries provided to them under “MUMKIN” Scheme here at a function held in the premises of District Employment & Counseling Centre.

Assistant Director Employment Udhampur (Nodal Officer), Priyanka Gupta, were among several other officials of District Employment & Counseling Centre Udhampur who attended the ceremony. The vehicles provided to the un-employed youth included 10 small commercial vehicles of Mahindra and 22 small commercial vehicles of Tata.

Giving the detail of the scheme, the AD Employment informed that the applicants will have the full liberty to choose any small commercial vehicle of any approved models/makes of his/her choice under “MUMKIN” Scheme.

She added that the Mission Youth, J&K shall provide an amount of Rs.80000/ -10% of on-road price of the vehicle (whichever is less) as upfront subsidy. She reiterated that the vehicle manufacturer shall also provide an upfront special discount, not less than the amount of subsidy and the banking partner shall extend loan facility to the extent of 100% of the on-road price of the vehicle to be purchased without any collateral security.