57 Lakh Cards to be Distributed under SVAMITVA Scheme

Prime Minister Narendra Modi has directed all Union ministers to attend the public events to be held to distribute 57 lakh property cards under SVAMITVA scheme.

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About SVAMITVA Scheme

SVAMITVA stands for Survey of Villages and Mapping with Improvised Technology in Village Areas.
It’s a Central Sector Scheme launched on National Panchayati Raj Day (24th April) in 2021.
Nodal Ministry: Ministry of Panchayati Raj
Stakeholders involved: Ministry of Panchayati Raj, State Revenue Department, State Panchayati Raj Department and Survey of India.

Objectives of the SVAMITVA Scheme

Financial Asset Creation: Property can be used as collateral for loans and other financial benefits. Land parcels will gain market value and facilitate credit availability in villages.
Revenue and Taxation: Enables determination and collection of property taxes. States with empowered Gram Panchayats will directly benefit from property tax revenue.
Rural Planning: It will facilitate rural planning by creating precise property maps and improve Gram Panchayat Development Plans (GPDPs).
Reduction in Property Disputes: Legal ownership rights will reduce conflicts over property. Improved property records will help to prevent illegal occupations.

Important features of the Scheme

“Records of Rights” are provided to rural households using the latest drone technology and continuously operating reference station (CORS) technology to capture images.
Such accurate maps clearly demarcate land holdings in a very short time compared to on-ground physical measurements.