The main aim of this research is to investigate the advantages and obstacles faced by both the government and citizens in the implementation of the Pradhan Mantri Matru Vandana Yojana (PMMVY). To achieve this, the authors have conducted a review of existing literature to explore the benefits and challenges associated with PMMVY. Despite significant progress in India's socioeconomic sphere, maternal healthcare remains a critical concern. The well-being of mothers before and after delivery, as well as the health of their children, plays a vital role in the overall development of the nation. To improve the program's effectiveness on a nationwide scale, the central government needs to make changes, including defining the disbursement of funds, addressing corruption issues, and simplifying procedures for women to access the scheme's benefits.