Prime Minister Narendra Modi will launch the physical distribution of Property Cards under the SVAMITVA Scheme on October 11, 2020 to transform rural India.
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The SVAMITVA scheme, which was launched in April this year, aims to provide the record of rights to village household owners in rural areas and issue Property Cards.
The Scheme is being implemented across the country in a phased manner over a period of four years and will cover around 6.62 lakh villages of the country.
The launch will enable around one lakh property holders to download their Property Cards through the SMS link delivered on their mobile phones. This would be followed by physical distribution of the Property Cards by the respective State governments.
The move will pave the way for using property as a financial asset by villagers for taking loans and other financial benefits.
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