Updated: October 11, 2020 12:54:37 pm
Prime Minister Narendra Modi launched the ‘Village Survey and Mapping with Improvised Technology in Village Areas’ (SVAMITVA) scheme on Sunday and hailed it as a “historic movement” that will transform villages in rural India. Through this scheme, Modi said, no bank can deny loans to people with the proper documents.
Through a virtual video conference, PM Modi interacted with the beneficiaries of the scheme and said that it will allow people in rural areas to use the property as a “financial asset” to take out loans. “The plan will also help villagers take out loans. If they have the proper documents of their lands and properties, no bank can deny them loans ”, he highlighted.
Beneficiaries of the new scheme would include 1 lakh owners who would obtain “property cards” from their respective state governments, according to a PMO statement. These beneficiaries come from more than 760 villages in 6 states.
Emphasizing changes in rural infrastructure in India under his tenure, Modi said that “today, almost two crore of poor families in the villages have pucca houses.” This was different from recent decades when “millions of families in villages across the country did not have a home of their own,” he added.
The prime minister stressed that, unlike the “people who stayed in power for a long time,” he would not leave the rural areas of the country to fend for themselves.
At the virtual event, Modi paid tribute to socialist icon Jayaprakash Narayan and RSS stalwart Nanaji Deshmukh on their birth anniversaries that coincided with the launch of the plan. “I am delighted that such a good job is being done on a day that is historically significant,” he said.
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