Tejaswini-the Radiant
in Jammu and Kashmir
Last updated:
Key dates and updates (Jammu and Kashmir)
Nationwide and Jammu and Kashmir-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Tejaswini-the Radiant in Jammu and Kashmir
Tejaswini-the Radiant is a government scheme available to eligible residents of Jammu and Kashmir.
Apply for Tejaswini-the Radiant in Jammu and Kashmir
Scheme Overview
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.
Eligibility Criteria
- 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.
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Benefits
A financial assistance of Rs. 5 lakh under Mudra loan from J&K Bank
Re-payment of Financial Assistance provided under this scheme shall be interest free.
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 which shall be adjusted towards monthly installments of the loan for first six months.
Interest subsidy up to Rs 0.60 lakh per beneficiary shall be provided by Mission Youth, J&K. 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.
Required Documents
| # | Document |
|---|---|
| 1 | Domicile Certificate/ Ration Card |
| 2 | Aadhaar Card; |
| 3 | Date of Birth Certificate issued by the competent authority; |
| 4 | Matriculation Certificate |
| 5 | Unemployment certificate (Unemployment Certificate is required only if applying as a new business) |
| 6 | Project repot of the activity intended to be financed; |
| 7 | The applicant will submit an affidavit to the effect that applicant will continue the trade for a period not less than 5 years or till the liquidation of loan amount in full, whichever is later; |
Common questions in Jammu and Kashmir
Who can apply for Tejaswini-the Radiant in Jammu and Kashmir?
Eligible residents of Jammu and Kashmir who meet the scheme’s overall criteria can apply for Tejaswini-the Radiant. Refer to the eligibility section above for the complete checklist.
What documents are required for Tejaswini-the Radiant in Jammu and Kashmir?
Applicants in Jammu and Kashmir typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Tejaswini-the Radiant?
Key dates are summarized in the table on this page, from 1 September 2021 through 1 September 2021, based on values DeshSeva currently stores for this item.