✓Indian Prime Minister will launch the physical distribution of Property Cards under the SVAMITVA Scheme to transform rural India.
✓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 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.