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 Sunday. He will launch the scheme by way of video conferencing.
According to the Prime Minister’s Office (PMO) assertion, the scheme will enable rural individuals to use the property as a monetary asset for taking loans and different monetary advantages. The Prime Minister can even work together with some of the beneficiaries. He can be joined by Union minister for panchayati raj Narendra Singh Tomar.
The PMO stated that the launch will allow round one lakh property holders to obtain their property cards by the SMS hyperlink despatched to them. The beneficiaries of the scheme are from 763 villages throughout six states together with 346 from Uttar Pradesh, 221 from Haryana, 100 from Maharashtra, 44 from Madhya Pradesh, 50 from Uttarakhand, and two from Karnataka. Beneficiaries from all these states besides Maharashtra will obtain the physical copies of the Property Cards inside at some point. Maharashtra has a system of recovering the nominal price of Property Card, so it can take a month.
“The move will pave the way for using the property as a financial asset by villagers for taking loans and other financial benefits. Also, this is the first time that such a large-scale exercise involving the most modern means of technology is being carried out to benefit millions of rural property owners,” the PMO launch stated.
SVAMITVA is a Central Sector Scheme of the Ministry of Panchayati Raj, which was launched by the Prime Minister on National Panchayati Raj Day (April 24). The scheme goals to present the ‘record of rights’ to village family homeowners in rural areas and situation Property Cards.
The Scheme is being carried out throughout the nation in a phased method over 4 years (2020-2024). It will cowl round 6.62 lakh villages within the nation.
In the pilot part (2020-21), about 1 lakh villages in Uttar Pradesh, Haryana, Maharashtra, Madhya Pradesh, Uttarakhand and Karnataka, and few border villages of Punjab and Rajasthan can be lined.