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NEWS IMPULSE – SVAMITVA SCHEME| 10 OCTOBER

/ October, UPSC Daily Current Affairs

Source – Live mint

GS Paper –2

Context – Prime Minister Narendra Modi on Sunday launched the physical distribution of property cards under the SWAMITVA (ownership) scheme via videoconferencing.

HIGHLIGHTS

  •  The ‘historic’ move will pave the way for villagers to use the property as a financial asset for taking loans and other financial benefits.
  • This will also 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 the respective state governments.
  • These beneficiaries are from 763 villages across six states — 346 from Uttar Pradesh, 221 from Haryana, 100 from Maharashtra, 44 from Madhya Pradesh, 50 from Uttarakhand, and two from Karnataka
  • Maharashtra has a system of recovering a nominal cost of property cards so it will take a month’s time
  • this is the first time ever that such a large-scale exercise involving the most modern means of technology, is being carried out to benefit millions of rural property owners

What is Swamitva scheme

SVAMITVA, a Central Sector Scheme of the Ministry of Panchayati Raj, which was launched by PM Modi on National Panchayati Raj Day, 24th April 2020.The scheme aims to provide the ‘record of rights’ to village household owners in rural areas and issue Property Cards.