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Svamitva Scheme

26-12-2024

06:30 PM

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1 min read
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Overview:

The Prime Minister of India will distribute over 50 lakh property cards under SVAMITVA Scheme on 27th December.

About SVAMITVA Scheme:

  • The Survey of Villages and Mapping with Improvised Technology in Village Areas (SVAMITVA) is a central sector scheme launched in 2020.
  • It was launched with a vision to enhance the economic progress of rural India by providing ‘Record of Rights’ to households possessing houses in inhabited areas in villages through the latest surveying drone technology.
  • The scheme seeks to achieve the following objectives
    • To bring financial stability to the citizens in rural India by enabling them to use their property as a financial asset for taking loans and other financial benefits.
    • Creation of accurate land records for rural planning.
    • Determination of property tax, which would accrue to the GPs directly in States where it is devolved or else, add to the State exchequer.
    • Creation of survey infrastructure and GIS maps that can be leveraged by any department for their use.
    • To support the preparation of a better-quality Gram Panchayat Development Plan (GPDP) by making use of GIS maps.
    • To reduce property related disputes and legal cases.
  • Nodal Ministry: The Ministry of Panchayati Raj (MoPR) is the Nodal Ministry for implementation of the scheme. 

Q1: What is Property tax?

It means the annual sum of money that a landowner/property owner must pay to the local government or the municipal corporation of his/her area. 

Source: PIB