In an address to the nation, PM Modi announced a few beneficial schemes much to the citizens’ delight. New social and financial inclusion schemes will benefit farmers, home buyers, businessmen and women. For women, the scheme offered by the government is targeted at pregnant women.
- Financial benefit of Rs.6,000 will be offered to pregnant women.
- Benefit can be used for vaccination expenses, hospital admission fee, nutritional food and the like.
- The money will directly be credited to the bank account of the woman.
- The scheme will cover more than 650 districts in the country.
Maternal Mortality Rate
In India, the maternal mortality rate is quite high. India is one of many countries in the world to face this issue. Estimates of 2015 revealed that out of 100,000 live births, 174 deaths occur. The maternal mortality rate or MMR is not the count of the number of deaths among children born. It is the count of the number of mothers that die due to childbirth or complications arising out of it. A number of reason lead to deaths of mothers:
- Poor physical condition
- Physical stress of the pregnancy
- Improper medical care
- Lack of medical facilities
- Unhygienic conditions
- Wrong pregnancy management
Steps Towards a Solution
PM Modi has taken a step towards combatting this problem by providing some amount of financial support to expecting mothers. A pilot project is already operational. For this pilot program, 53 districts were selected to do a test run to see how the scheme plays out. To begin with, expecting mothers will receive Rs.4,000. There is no information on the payment of the Rs.2,000 pending. Hopefully, this amount will be sent by direct transfer to the women’s bank accounts.
Direct Transfer Benefit
The most interesting feature of PM Modi’s schemes is the Direct Transfer Benefit. This eliminates all middle men and any possibility of the money being misappropriated or scammed. The money is transferred directly to the beneficiary’s bank account. Three main advantages of this benefit are:
- Lower management costs of the scheme
- Elimination of leakage of funds
- Leaves no room for corruption
India faces a huge problem of corruption which ruins almost every scheme implemented to help the citizens. By the time the money trickles down the chain of government officials and politicians, there is barely any left for the beneficiaries. Many times the schemes don’t work out because the funds completely disappear. The Direct Bank Transfer means the money goes directly from the government treasury to the beneficiary’s bank account. All indirect channels are removed. This also saves cost on installation and maintenance of channels and salary for the officials managing it. The financial burden on the government is also reduced thereby leaving more money to fund beneficial schemes.
How to apply
Currently, there is no information available on how to apply for this scheme. More details will be rolled out once the officials have released information regarding the same.