Farm loans with less paperwork? Centre explores digital land record link

Getting a farm loan could become faster and less paperwork-intensive as the Centre explores linking digital land records with the Unified Lending Interface (ULI). The proposed integration aims to enable secure, consent-based access to institutional credit, particularly for farmers and rural citizens, the ministry of rural development said. The proposal was discussed at a high-level meeting between the Department of Land Resources (DoLR) and the RBI Innovation Hub (RBIH), where officials explored how Digital Public Infrastructure (DPI) for land governance could work alongside digital lending systems. The meeting was chaired by department of land resources secretary Narendra Bhooshan and attended by RBI innovation hub chief executive officer Sahil Kini and other senior officials.A key focus of the discussions was the use of authenticated and interoperable digital land records to simplify access to formal credit.