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Current Affairs-Topics
PM Distributes 6.5 Million SVAMITVA Property Cards to Beneficiaries
In a virtual event on Saturday, Prime Minister Narendra Modi emphasized the importance of granting property ownership records to rural communities. He highlighted the distribution of more than 6.5 million property cards under the SVAMITVA scheme, which guarantees legal ownership for rural families. |
In a virtual event on Saturday, Prime Minister Narendra Modi emphasized the significance of providing property ownership records to rural populations. He highlighted the distribution of over 6.5 million property cards under the SVAMITVA scheme, which ensures legal ownership for rural families. Modi stressed that resolving property documentation issues is vital for empowering villagers, stimulating economic growth, and unlocking significant capital. The scheme employs cutting-edge drone technology to survey rural areas and provide legal property documents, benefiting millions of families.
Key Points:
Government’s Commitment:
PM Modi stressed the government’s determination to resolve the lack of property ownership records in rural areas, recognizing it as essential for alleviating poverty and hardship in villages.
SVAMITVA Scheme:
Launched in 2020, the SVAMITVA scheme uses drone-based surveys to provide property cards, which serve as legal documentation of land ownership. The scheme aims to enhance property rights in rural areas.
Milestone Achievement:
PM Modi distributed 6.5 million property cards under the SVAMITVA scheme to beneficiaries in 12 states and Union Territories, benefiting over 65 lakh families (around 2.25 crore individuals) with legal proof of their homes.
Impact on Rural Communities:
The property cards have helped many villagers secure bank loans to start small businesses. The documentation has been particularly beneficial for Dalit, backward, and tribal families, who were previously vulnerable to illegal encroachments and disputes.
Economic Growth Potential:
Modi noted that once property cards are issued in all villages, it could unlock over ₹100 lakh crore in economic activities, contributing significantly to India’s overall economic growth.
Global Relevance:
Modi referenced a United Nations study linking the absence of legal property documents to poverty. He emphasized that the SVAMITVA scheme addresses this challenge in India, helping integrate rural economies with the national economy.
Technological Approach:
The initiative uses advanced drone technology to map residential land, which is increasingly important in addressing global challenges such as climate change, water scarcity, and pandemics.
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