Prime Minister of Russia Dmitry Medvedev announced the reduction of government time for consideration of applications for families of the parent capital up to 10 days. On Monday, March 6, reports TASS. The earlier appeal on this issue was investigated a month.
“The program netcapital works well, for 10 years she has used more than five million families,” — said Medvedev.
March 1, 2017, the labour Ministry has proposed to extend the maternity capital program till 2023.
In December 2016, Russian President Vladimir Putin signed the law on the freezing of the size of the parent capital until January 1, 2020. Currently, it amounts to 453 thousand rubles.
The program operates in Russia since 2007. Payments are given to families who gave birth or adopted two or more children. The parent capital can be used to improve housing conditions, pension of the mother of the child’s education, equipment housing means for children with disabilities, and also for repayment of the mortgage. The money can be used after the child reaches the age of three years, except when funds are used for the initial payment or repayment of housing loans.