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Punjab Cabinet approves ‘Lal Streak’ campaign for all villages

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language | Updated: 19 Feb 2021, 08:50:00 PM

Chandigarh, February 19 (Language) The Punjab cabinet on Friday approved the implementation of the “Lal Lakir” campaign in all villages of the state. Through this, villagers will get the facility of Monetized Property Rights and they can avail the facilities available from government departments, institutions and banks. The actual value of these assets is not available at present due to the non-availability of the details of the rights of the assets under the red line and it is not possible to mortgage such properties. According to a government statement, there are many houses that are red

Chandigarh, February 19 (Language) The Punjab cabinet on Friday approved the implementation of the “Lal Lakir” campaign in all villages of the state. Through this, villagers will get the facility of Monetized Property Rights and they can avail the facilities available from government departments, institutions and banks. The actual value of these assets is not available at present due to the non-availability of the details of the rights of the assets under the red line and it is not possible to mortgage such properties. According to a government statement, there are many houses which fall under the red line and have no property in the outer area of ​​the red line. In such a situation, when it comes to mortgaging the property or real value, then they are at a disadvantage. The red streak represents land that is part of the village population and is used only for non-agricultural purposes. Under this campaign, the records of properties under the Red Line will be prepared in collaboration with the “ownership” scheme of the Central Government.

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