 "Govt transfers over Rs 16 bn to 4.8 mn eligible mothers under PMMVY scheme")
The government has transferred over Rs 16 billion to eligible mothers under Pradhan Mantri Matru Vandana Yojana through direct benefit transfer till Friday, Centre for Digital Financial Inclusion (CDFI) that uses technology for financial inclusion said.
"Rs 16,04,66,63,000 transferred through direct benefit transfer to 4.8 million women," CDFI said.
The non-profit organisation CDFI conceptualised, designed and implemented the PMMVY-CAS (Common Application Software) System through which disbursements were made.
The programme, which became applicable from January 1, 2017, provides a cash incentive of Rs 5,000 in three installments to pregnant women and lactating mothers for the first child through Direct Benefits Transfer (DBT).
(This story has been updated for a correction in the number of women who got direct benefit transfer.)