A dedicated financial assistance scheme aimed at empowering young women in J&K to set up self-employment ventures. The initiative supports income-generating activities in manufacturing, services, trading, and micro-startups, aligned with the woman’s skill set and local opportunities.
Benefits
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Loan up to ₹5 lakh under Mudra loan from J&K Bank
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Interest-free repayment of the loan
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₹50,000 or 10% of project cost (whichever is less) as upfront subsidy by Mission Youth
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Interest subsidy of up to ₹60,000 (on submission of sustainability proof)
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Subsidy is adjusted against EMI for the first 6 months
Activities Covered
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Canteen, Restaurant
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DTP/ Computer Services
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Crèche / Daycare
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Cyber Café
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Beauty Parlour / Fitness Centre / Yoga Centre
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Laundry & Dry Cleaning
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Mobile Repairing
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Photocopy/Xerox Centre
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Boutique/ Tailoring
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Training Institute
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Any other small business or micro-enterprise
Eligibility
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Female domicile of J&K, aged 18 to 35 years
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Registered with Mission Youth, J&K
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10th pass or above (relaxable by CEO, Mission Youth)
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Unemployed and registered with District Employment & Counseling Center
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50% or more ownership in enterprise by women (in case of joint ventures)
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Preference to those trained in RSETIs/Skill Institutes
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Not a defaulter to any bank or financial institution
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No family income criteria
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Assistance under this scheme only once
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If project cost exceeds ₹5 lakh, extra cost to be self-financed
Exclusions
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Applicants who have already availed loans/subsidies under any other Government scheme
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Existing units that have received government incentives
Application Process
Mode: Online
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Select “Scheme” → “Tejaswini – The Radiant” → Click “Apply Now”
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Fill in details, upload required documents
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Applications reviewed by District Level Committee (DLIC)
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Mission Youth issues formal sanction and subsidy release
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District Lead Bank disburses loan within 15 days of approval
Note:
Selected beneficiaries must submit an Indemnity Bond attested by a First Class Judicial Magistrate confirming:
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No previous employment or government assistance
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Intent to use funds solely for proposed self-employment
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To establish the unit as per DPR within the specified timeframe
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Submit annual financial proof (GST/Bank/C.A.-certified statements)
Default or misuse may lead to:
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Cancellation of interest subsidy
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Legal action by Mission Youth
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Recovery of subsidy amount by the bank
Documents Required
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Domicile Certificate / Ration Card
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Aadhaar Card
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Date of Birth Certificate
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10th Class Marksheet
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Unemployment Certificate (if applying for a new business)
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Project Report
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Affidavit to continue trade for 5 years or until loan repayment
Frequently Asked Questions
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Q: Is interest applicable on the loan?
No, it is interest-free. Interest subsidy up to ₹60,000 is borne by Mission Youth. -
Q: What if the total cost exceeds ₹5 lakh?
The applicant must self-finance the extra amount. -
Q: How many times can one apply?
Only once under this scheme. -
Q: Can salaried women apply?
No. Only unemployed women are eligible. -
Q: What is the age limit?
18 to 35 years