Malnutrition is a global concern affecting both children and women, including in India, where one in three women is undernourished and anaemic. The Indian government has implemented various programmes, including the Pradhan Mantri Matru Vandana Yojana (PMMVY), to provide financial support and improve the health and nutrition-seeking behaviour of pregnant and lactating women. PMMVY has reduced the financial burden on women, increased awareness about antenatal care, and empowered them to make informed decisions about their health and that of their children. Although women from low socio-economic backgrounds still face challenges, the scheme has contributed to achieving nutritional sustainability among the people, and it has helped reduce maternal and infant mortality rates. The study aims to evaluate the factors affecting the satisfaction of beneficiaries of the PMMVY programme. Multiple Regression tool is used to evaluate the perception and satisfaction of beneficiaries of the programme against three different dimensions i.e., Adequacy of the programme, Financial Benefits and Health and allied services. The study reveals that the factor of financial benefits has more influence on the satisfaction of beneficiaries of the programme followed by Adequacy of the programme and health allied services. PMMVY supports pregnant and lactating women by providing partial wage compensation for rest and improved health and nutrition. Policies for comprehensive wage compensation can further empower expectant mothers. To ensure satisfaction, there is a need to study the factors influencing the PMMVY scheme with a wider scope.