The State Duma shortened the deadline for reviewing the application for disposal of the parent capital

The period of consideration of the application for the disposal of the parent capital will be reduced from ten to five days. The relevant bill, adopted by deputies of the State Duma (State Duma) at the plenary session in the second and third readings, has been published in the database of draft laws of the State Duma.

The changes will affect the law "On additional measures of state support for families with children." According to the document, it is proposed to shorten the period of interdepartmental interaction on reviewing the application for the provision of maternity capital from five days to 48 hours.

In addition, the law will allow registration of persons applying for payments in the "Unified Centralized Digital Platform in the Social Sphere" (GIS ECP). In addition, information about the distribution of these funds will also be displayed in the system. Based on the data from the unified digital platform, the Social Fund will be able to make a decision on issuing a certificate.

It is reported that the project was developed to increase the convenience of using maternity capital.

Family values: the authorities are discussing new options for using the maternity capital

What investment instruments can it be invested in and are there any risks involved?

On February 28, Russian President Vladimir Putin signed a law extending the maternity capital program until December 31, 2030. Prior to that, it was specified that these measures would give approximately 5 million Russian families the opportunity to receive maternity capital from 2027 to 2030.