The Pradhan Mantri Matru Vandana Yojana (PMMVY) aims at providing partial compensation for wage loss to women during their pregnancy and offers a cash incentive of Rs 6,000 to mothers for the birth of their first child.
The Union Cabinet approved the scheme in May last year after Modi, in a televised address to the nation, had in December 2016 announced that an existing pilot scheme -- Indira Gandhi Matritva Sahyog Yojana (IGMSY) -- being implemented across 53 districts, would be extended across the country.
The government has received a total of 6.4 lakh applications of beneficiaries so far.
WCD Minister Maneka Gandhi held a review meeting with NITI Aayog member V K Paul on the status of implementation of the scheme today.
Top economists of the country had written to Finance Minister Arun Jaitley in December last year, flagging the delay in rolling out the scheme.
The scheme is being implemented on 60:40 cost-sharing basis with state governments and the Centre is contributing Rs 2,700 crore per year for the programme.
A ministry official said that 10,000 beneficiaries are being added to the system everyday and efforts are on to double that rate by January-end.
Therefore, it can be extrapolated that the government will be able to reach its target of over 51 lakh beneficiaries in the next six to seven months.
Maharashtra and UP have been relatively better performers and have enrolled 2.4 lakh and 1.25 lakh applicants, respectively.
The official stated that the delay has been because the maternity benefit programme is the "first scheme" to be linked with the Public Finance Management System, adding that mapping villages through the local government directory (LGD) of panchayats and local bodies was a time-consuming exercise.
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