PM Modi launches physical distribution of Property Cards under SVAMITVA Scheme: Quick Highlights

PM Modi launches physical distribution of Property Cards under SVAMITVA Scheme: Quick Highlights

Prime Minister Shri Narendra Modi launched physical distribution of property cards under SVAMITVA scheme through video conferencing and interacted with the beneficiaries of the scheme.

Prime Minister Modi wished the beneficiaries of ‘SVAMITVA Scheme' who have got property cards of their houses today and said now the beneficiaries will have a right, a legal document of owning their houses. The scheme is going to bring historical changes to the villages in the country. He added the country has taken another major step towards an Atma Nirbhar Bharat, as the scheme helps in making rural India self-reliant.

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One lakh beneficiaries from Haryana, Karnataka, Madhya Pradesh, Maharashtra, Uttarakhand and Uttar Pradesh have been handed over the legal papers of their houses and the government of India promised to give such property cards to every household in the next three - four years in every village of the country.

According to the government when there is a record of property, citizens gain confidence and new avenues of investment open. Loan is easily available from the bank on record of property, employment and self-employment avenues open. But the difficulty is that only one third of the population in the world has a record of their property legally. He added the property card will clear the way to buy and sell property without any dispute for the villagers.

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Today there are many young people in the village of India who want to do something on their own. After getting a property card, it will become easier to get loans from banks on their homes.

The new technology like using drones in mapping and survey, accurate land records of every village can be created. Due to accurate land records, development related work in the village will also be easier which would be another benefit of these property cards.

SVAMITVA Scheme will make village management easier for our gram panchayats, in a systematic way like municipalities and municipal corporations.