Secure land ownership will prove immensely beneficial for India’s poor. At present, land ownership data is stored with the government in centralized ledgers (records). Secure land ownership will prove immensely beneficial for India’s poor. In the words of Peruvian economist Hernando de Soto, without representations their assets are “dead capital”. There is enormous value locked in the assets of India’s poor.
Source: Mint October 23, 2017 18:22 UTC