What you get
- Financial assistance to the extent of ₹ 20.00 lakh comprising of an upfront subsidy component provided by Mission Youth (Minimum of ₹2.5 lakh or 10% of project cost) and a Loan provided by the Bank (70% of the project cost to the extent of ₹ 17.50 lakh). | - The balance cost of the project, not less than 20% of the project cost, shall be self-financed/ self-arranged by the beneficiary youth group as Margin Money for availing the Financial Assistance under the scheme. | - The special subsidy so provided towards Repayment under the scheme shall be limited to an aggregate of ₹ 5.0 lakh per case;
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the purpose of this scheme?
The programme focuses on introducing and developing community-oriented entrepreneurship in J&K.
Who is eligible for rise together scheme?
Any domicile of J&K, essentially registered with Mission Youth, J&K. | Only the Youth Groups with minimum 3 youth members shall be eligible for Financial Assistance under the scheme.
What is the objective of the Scheme?
To develop Community Oriented Entrepreneurship in J&K. | To introduce new concept of 'Rise Together' based on integrated & projectivized growth model.
What are the activities covered under the scheme?
Any activity necessarily/ reassuring promotion of self-reliance & inclusive social development.
What is the Eligibility for applying for this scheme?
Any domicile of J&K, essentially registered with Mission Youth, J&K. | Only the Youth Groups with minimum 3 youth members shall be eligible for Financial Assistance under the scheme, 18 to 35 years Page 5 of 12 having a minimum qualification of 12th standard
What is the Funding Pattern of the scheme?
Under the scheme, the eligible Youth Groups shall be facilitated to avail a financial assistance to the extent of [?] 20.00 lakh including upfront subsidy component provided by Mission Youth under the programme | The financial assistance under the programme shall be given to the extent of 80% of the project cost based on the project plan and estimates submitted subject to maximum of [?]20.0 lakh.
What is the minimum age to apply under this scheme ?
The minimum age is 18.
What is the maximum age to apply this scheme
The Maximum Age Is 35.
Can Other State person apply for this scheme ?
No.
What is the Minimum educational qualification required for this scheme ?
Minimum qualification should be 10+2.