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48.5 Lakh Mothers Benefitted from PMMVY, Received ₹1,600 cr
November 26, 2018
The Centre for Digital Financial Inclusion (CDFI) said that the government has transferred over ₹1,600 crores to beneficiary mothers under Pradhan Mantri Matru Vandana Yojana (PMMVY) via Direct Benefit Transfer scheme.
CDFI is a non-profit organization that developed the PMMVY-CAS (Common Application System) through which the funds were transferred to eligible mothers.
PMMVY offers eligible mothers who are pregnant or lactating a cash incentive of ₹5,000 in three installments.
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