Tarun Karthick
Port Blair, 23 August 2023
In a major transfer geared toward bolstering monetary stability in rural India, the Government of India has unveiled the ‘Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas’ (SVAMITVA) scheme. The initiative seeks to empower residents in rural areas by enabling them to utilise their property as a precious monetary asset, facilitating simpler entry to loans and different monetary advantages.
Under the SVAMITVA scheme, Property Cards have been issued to eligible people throughout the nation. The Administration and Revenue Department have actively inspired folks to utilise these Property Cards, which streamlines the method of making use of for loans and accessing numerous monetary advantages digitally.
To entry their Property Cards, eligible beneficiaries can go to the official web site: http://db.and.nic.in/propertycard. This digital platform simplifies the verification course of and ensures swift entry to the property-related paperwork, enhancing comfort for rural residents.
The Revenue Department has additionally taken steps to advertise the widespread adoption of Property Cards. It has urged Lead Bank – State Bank of India (SBI) together with different scheduled banks, to include Property Cards as a part of their documentary necessities for numerous public sector schemes. This strategic transfer goals to spice up the utilisation and recognition of Property Cards amongst rural communities, thus furthering the targets of the SVAMITVA scheme.
The SVAMITVA scheme holds the promise of not solely bettering monetary inclusivity in rural areas but in addition facilitating sustainable financial progress by harnessing the untapped potential of property property. By offering rural residents with simpler entry to monetary sources, the Government of India is taking a major step in direction of bridging the urban-rural financial divide.