STOCK MARKET BSE NSE

PM Narendra Modi launches physical distribution of property cards under SWAMITVA scheme

The move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits.

Published: 11th October 2020 12:55 PM  |   Last Updated: 11th October 2020 12:55 PM   |  A+A-

PM Narendra Modi

PM Narendra Modi (Photo | PTI)

By PTI

NEW DELHI: Prime Minister Narendra Modi on Sunday launched the physical distribution of property cards under the 'SVAMITVA' (ownership) scheme via video conferencing, and asserted that it is a "historic move" set to transform rural India.

The move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits.

The Prime Minister's Office (PMO) has said the launch will enable around one lakh property holders to download their property cards through an SMS link sent on their mobile phones, and this would be followed by the physical distribution of property cards by respective state governments.

These beneficiaries are from 763 villages across six states, including 346 from Uttar Pradesh, 221 from Haryana, 100 from Maharashtra, 44 from Madhya Pradesh, 50 from Uttarakhand and two from Karnataka.

Modi interacted with many beneficiaries of the Survey of Villages and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp