PM to Offer 5 Million Property Cards Under SVAMITVA Scheme on Friday
Hindustan Times Bengaluru|December 26, 2024
The Union ministry of Panchayati Raj (MoPR) on Wednesday said that rural residential assets worth ₹1.37 lakh crore can be monetised for availing credit through the implementation of SVAMITVA scheme, a drone-based survey taken to demarcate properties in rural inhabited areas.
Abhishek Angad

NEW DELHI:

The ministry further said that the inhabited areas of villages were previously not mapped in several states leading to lack of access to institutional credit. Since the exercise, however, several property owners have been able to secure bank loans via their property cards which has a legal basis now, it added.

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