Turning the poor’s assets into capital4 min read . Updated: 24 Oct 2017, 04:55 AM IST
Using blockchain to secure land titles will integrate more citizens into the formal economy
The Indian judiciary is crumbling under the weight of pending cases. More than 28 million cases are pending in the country’s district courts. Of these, more than 7.5 million are civil cases, and Bengaluru-based NGO Daksh’s data shows that more than 66% of the civil cases are related to land or property. Not only is the judiciary overburdened, the poor litigants are also losing Rs1,300 on average per day of court hearing in litigation costs and foregone business. In this context, the Andhra Pradesh government’s steps to use blockchain technology for land titling are a laudable development.
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