Labour & Employment Department, J&K

The Labour & Employment Department of Jammu & Kashmir is a government body responsible for promoting self-employment and entrepreneurship among the UT's educated youth. It administers several key schemes including the Seed Capital Fund Scheme, which provides non-refundable seed money of up to INR 10 lakh (for professional graduates) along with entrepreneurship development training, consultation, and business plan facilitation.

The department also runs a Soft Loan Scheme offering loans at 6 percent simple interest to prospective entrepreneurs with minimum 10+2 qualification, with a 90:10 loan-to-beneficiary contribution ratio. Additionally, the J&K State Self Employment Scheme provides margin money, capital subsidy, and interest subsidy assistance for setting up employment-generating units. The department works through the J&K Entrepreneurship Development Institute (JKEDI) for programme implementation and training delivery. Seed capital amounts are tiered by qualification level, ranging from INR 4 lakh for undergraduates to INR 10 lakh for professional or technical graduates.

Who Benefits

Educated unemployed youth aged 18-40 in Jammu & Kashmir seeking non-refundable seed capital, subsidised loans, or self-employment support to establish manufacturing, service, or trading enterprises in the union territory.