DoLR explores convergence of Digital Public Infrastructure for land governance and digital lending with RBI Innovation Hub
Department of Land Resources explores convergence of digital land governance and digital lending with RBI Innovation Hub
- The Department of Land Resources is the administrative body that deals with land governance under the Ministry of Rural Development.
- The RBI Innovation Hub is part of the Reserve Bank of India's innovation ecosystem and was the counterpart in the discussion on digital lending.
- The Unified Lending Interface is being considered as a digital channel for consent-based credit delivery using verified land information.
What happened
The Department of Land Resources in the Ministry of Rural Development met the RBI Innovation Hub to explore convergence between Digital Public Infrastructure for land governance and the Unified Lending Interface. The discussion was aimed at building a secure, interoperable and consent-based system for rural credit delivery, especially for farmers and other rural citizens.
What the discussion covered
UPSC may frame the issue around how authenticated land records, interoperability, and consent-based data sharing can improve access to institutional credit while raising questions of privacy, standardisation, and institutional coordination in land governance and financial inclusion.
Related dispatches
