A scheme to provide financial assistance to the young women for setting up gainful self-employment ventures, suited to their skills, training, aptitude and local conditions.
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 Rural Self Employment Training Institutes (R-SETIs)/ Skill Development Institutions etc. any other training institute.
The applicant should not be a defaulter to any Bank /Financial Institution.
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.
One woman can seek the assistance under this scheme only once.
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.