The launch of the physical distribution of property cards by Prime Minister Narendra Modi today enable its beneficiaries in the villages to use the property as a financial asset apart from which it will also reaffirm their ownership.
“Nobody could eye the property of beneficiaries of Survey of Villages And Mapping With Improvised Technology In Village Areas (SVAMITVA) scheme,” said PM Modi while distributing property cards to its beneficiaries under SVAMITVA scheme.
“The scheme will also help villagers in taking loans. If they have proper documents of their land and properties, no bank can deny them loans,” PM Modi added.
SVAMITVA scheme is aimed at creating accurate land documentation, reducing property-related disputes and increasing liquidity of land parcels.
“The launch of physical distribution of property cards is another historic step towards a self-reliant India,” PM Modi said.
“Only one-third of the world’s population has documents of their property… I cannot let the rural population be dependent on others, I have to work towards making them self-reliant,” noted Modi.
This project is being implemented in 763 villages on a pilot project basis in six states which include 346 in Uttar Pradesh, 221 in Haryana, 100 in Maharashtra, 44 in Madhya Pradesh, 50 in Uttarakhand, and two in Karnataka.
The other dignitaries who attended the event included Uttar Pradesh chief minister Yogi Adityanath, Madhya Pradesh CM Shivraj Singh Chouhan, Haryana CM Manohar Lal Khattar and Uttarakhand CM Trivendra Singh Yadav.