PM Modi to launch property cards under SVAMITVA scheme on Oct 11
Prime Minister (PM) Narendra Modi will on Sunday launch the physical distribution of property cards under the SVAMITVA (Survey of Villages And Mapping With Improvised Technology In Village Areas) scheme, the Prime Minister’s Office (PMO) said in a statement on Friday, describing it as "a historic move set to transform rural India”.
This move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits.
The launch event will begin at 11 am on Sunday where PM Modi will also interact with some of the beneficiaries. Union minister for Panchayati Raj Narendra Singh Tomar will also join the programme. The property cards being rolled out under the SVAMITVA scheme launched by the Prime Minister in April are physical copies of property titles of the villagers’ homes and the surrounding areas they own (as opposed to the cultivated land), which will be handed over to around 132,000 landowners during the event.
The launch will enable around 1 lakh property holders to download their property cards through an SMS link sent on their mobile phones. Post the inauguration programme, the state governments will physically distribute the cards to people from 763 villages across six states.
The beneficiaries include 346 from Uttar Pradesh, 221 from Haryana, 100 from Maharashtra, 44 from Madhya Pradesh, 50 from Uttarakhand and 2 from Karnataka.
Beneficiaries from all the states, except Maharashtra, will receive the physical copies of the property cards within one day and since the western state has a system of recovering the nominal cost these cards, it will take a month’s time, the statement said.
The SVAMITVA scheme will cover 662,000 villages in a phased manner over a period of four years and the move will pave the way for using property as a financial asset by villagers for taking loans and other financial benefits, the statement said. The PMO also hailed the exercise as the first such large-scale exercise, involving the most modern means of technology that will benefit millions of rural property owners.