Prime Minister Narendra Modi launched the physical distribution of property cards under the 'SVAMITVA' (ownership) scheme via video conferencing. He said that it is a 'historic move' set to transform rural India. The move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits. As the scheme was launched on Jayaprakash Narayan and Nanaji Deshmukh's birth anniversaries, the Prime Minister said it shows the Centre's commitment towards fulfilling their visions of building a self-reliant rural India. “Today is the birth anniversary of Jayaprakash Narayan and social reformer Nanaji Deshmukh. These two leaders worked tirelessly for rural development. It is necessary that people residing in rural India have access to papers to prove their ownership of land. SVAMITVA scheme will reduce altercation between villagers about property ownership,” he said. Watch the full video for more.
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