Property Cards to be distributed under SVAMITVA scheme

Indian Prime Minister will launch the physical distribution of Property Cards under the SVAMITVA Scheme on October 11, 2020 to transform rural India.
SVAMITVA scheme was launched in April 2020.
Aim: To provide the record of rights to village household owners in rural areas and issue Property Cards.
It is being implemented across India in a phased manner over a period of four years. It will cover around 6.62 lakh villages.
The launch will enable around 1 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 respectiveState governments.The move will pave the way for using property as a financial asset by villagers for taking loans and other financial benefits.