PM Modi launches property playing cards scheme, calls it a ‘historic transfer’ to rework villages

By: Express Web Desk | New Delhi |

Updated: October 11, 2020 12:54:37 pm

The Prime Minister highlighted that not like the “individuals who stayed in energy for lengthy” he can not go away the agricultural elements of the nation to fend for themselves. (ANI/Twitter)

Prime Minister Narendra Modi Sunday launched the ‘Survey of Villages and Mapping with Improvised Technology in Village Areas’ (SVAMITVA) scheme and hailed it as a “historic transfer” that may rework villages in rural India. Through this scheme Modi stated, no financial institution can deny loans to folks with correct paperwork.

Through a digital video convention, PM Modi interacted with the beneficiaries of the scheme and stated that it’s going to allow folks in rural areas to make use of property as a “monetary asset” for taking loans. “The scheme may even assist villagers in taking loans. If they’ve correct paperwork of their land and properties, no financial institution can deny them loans,” he highlighted.

The beneficiaries of the brand new scheme would come with 1 lakh property holders who would get “property playing cards” by their respective state governments, a press release by the PMO stated. These beneficiaries come from over 760 villages throughout 6 states.

Emphasising on the modifications introduced in rural India infrastructure beneath his tenure, Modi stated that “right now, practically two crore poor households within the villages have gotten pucca homes.” This was totally different from the previous a long time when “crores of households in villages throughout the nation didn’t have a house of their very own,” he added.

The Prime Minister highlighted that not like the “individuals who stayed in energy for lengthy” he wouldn’t go away the agricultural elements of the nation to fend for themselves.

At the digital occasion, Modi paid tributes to socialist icon Jayaprakash Narayan and RSS stalwart Nanaji Deshmukh on their delivery anniversaries that coincided with the scheme’s launch. “ I’m delighted that such nice work is being carried out on a day that has historic significance,” he stated.

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