Prime Minister Narendra Modi will launch the physical distribution of Property Cards under the SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) Scheme on October 11, 2020.
- The objective of the scheme is to transform rural India and empower millions of people.
- The SVAMITVA scheme, which was launched on National Panchayati Raj Day (April 24, 2020) by Union Ministry of Panchayati Raj, aims to provide the record of rights to village household owners in rural areas and issue Property Cards.
- The Scheme is being implemented across the country in a phased manner over a period of four years and will cover around six lakh 62 thousand villages of the country.
- The launch will enable around one lakh property holders to download their Property Cards through the SMS link delivered on their mobile phones.
- This would be followed by physical distribution of the Property Cards by the respective State governments.
- The move will pave the way for using property as a financial asset by villagers for taking loans and other financial benefits.
This is the first time ever that such a large-scale exercise involving the most modern means of technology is being carried out to benefit millions of rural property owners.
(Source: AIR, It was edited on 11 October, 2020)
