Business

Government To Distribute 21.9 Million Svamitva Property Cards By March 2026 To Empower Rural India

The government will distribute 21.9 million Svamitva property cards by March 2026 to validate rural properties. This will help villagers use their land as collateral for loans, said Vivek Bharadwaj, Union Secretary of the Panchayati Raj Ministry.

On 27 December, Prime Minister Narendra Modi will distribute 5.8 million cards to 50,000 villages across 12 states and Union Territories. The government has already issued 13.7 million Svamitva property cards.

Svamitva Scheme to Improve Credit Access in Rural Areas

Launched in April 2020, the Svamitva scheme aims to create records of rights for inhabited lands in villages. Bharadwaj explained that unclear land ownership prevents access to credit. Without clear property records, villagers cannot use their land as collateral for loans.

The scheme aims to resolve this issue by clarifying property ownership. This will improve credit access and boost economic activity. The scheme targets 344,868 villages, with 92% already surveyed using drones. The government expects to complete the process by March 2026, a year later than planned.

Drone Technology Powers Property Mapping in Villages

Survey of India maps properties using drones and state-provided data. This process ensures accurate property mapping.

The scheme covers 344,868 villages out of 662,000 across 30 states and Union Territories. States like West Bengal, Bihar, Telangana, Meghalaya, and Nagaland have opted out. Tamil Nadu only completed a pilot project.

The Svamitva property cards will help reduce disputes, enable property monetization, and allow villagers to access bank loans. This will help make rural India more self-reliant.

Also Read: India Achieves Key Milestones In Defence Sector Under Atmanirbhar Bharat Initiative In 2024

Ajaypal Choudhary

Recent Posts

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

12 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

12 hours ago

Chhattisgarh: Seven Maoists Killed In Indravati National Park Operation

Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…

13 hours ago

Carney Invites Modi To G7 Summit, Highlights India’s Global Supply Chain Role

Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…

13 hours ago

RBI Frontloads Rate Cuts To Boost Growth Amid Low Inflation: Crisil

The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…

14 hours ago

PM Modi Urges Global Action On Coastal Resilience At Nice Summit

PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…

14 hours ago