The Indian government has set an ambitious target to distribute 2.2 crore (22 million) property cards under the SVAMITVA scheme by March 2026. Launched in 2020, SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) aims to provide rural property owners with official documentation of their residential land, thereby facilitating financial stability and reducing property disputes.
Source:- bbc news
As of December 2023, approximately 1.63 crore property cards have been issued across 30 states and Union Territories. The scheme employs drone technology to create accurate land records, enabling property owners to use their land as collateral for loans and other financial benefits.
Source:- bbc news
The government has extended the SVAMITVA scheme until March 2026 to allow more states to participate and to achieve the distribution target of 2.2 crore property cards. This extension underscores the government’s commitment to empowering rural citizens by providing them with legal property rights, which can unlock economic potential and contribute to the overall development of rural areas.
The distribution of property cards is expected to enhance the economic stability of rural property owners by enabling them to access credit facilities and other financial services. Additionally, it aims to streamline planning and revenue collection for local governments, thereby improving governance and infrastructure development in rural regions.
The SVAMITVA scheme represents a significant step towards formalizing property ownership in rural India, with the potential to transform the rural economy by providing millions of property owners with legal recognition and financial opportunities.
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