Govt transfers over ₹1,600 crore to 48.5 lakh mothers under PMMVY
1 min read 23 Nov 2018, 09:37 PM ISTThe non-profit organisation CDFI conceptualised, designed and implemented the PMMVY-CAS
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New Delhi: The government has transferred over ₹ 1,600 crore 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 48.5 lakh 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 ₹ 5,000 in three instalments to pregnant women and lactating mothers for the first child through Direct Benefits Transfer (DBT).
(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed)
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