The Department of Land Resources (DoLR) under the Ministry of Rural Development is considering integrating digital land governance with the Unified Lending Interface (ULI) to facilitate secure and consent-based credit delivery for farmers and rural citizens. This initiative was discussed in a meeting between DoLR and the RBI Innovation Hub, chaired by DoLR Secretary Narendra Bhooshan, focusing on the convergence of Digital Public Infrastructure (DPI) for land governance and digital lending.
The discussions centered on utilizing authenticated and interoperable digital land records to enhance access to institutional credit, improve transparency, and efficiency in the lending ecosystem. The parties also explored ways to provide secure access to authenticated digital land records, expedite the digital issuance of Kisan Credit Cards (KCC) and other agricultural loans, reduce transaction costs, and streamline loan processing.
Furthermore, the meeting addressed the importance of strengthening risk management by using mortgage information and flag-marking mechanisms to prevent multiple financing against the same land parcel. The aim is to promote financial inclusion by transforming land into a trusted digital asset for formal credit access. Emphasis was also placed on adopting common data standards, ensuring API interoperability, expanding the use of the Unique Land Parcel Identification Number (ULPIN), and fostering collaboration between land governance and financial sector stakeholders.
The government reiterated its commitment to collaborating with the RBI Innovation Hub and other stakeholders to establish a secure, interoperable, and citizen-centric Digital Public Infrastructure. This infrastructure aims to enhance land governance, while increasing access to formal credit in rural India.
