Who was the first women writer to receive madan puraskar?

The first woman writer to receive the Madan Puraskar was Bhanubhakta Acharya, for her work "Ramayana".

However, it's important to note that while Bhanubhakta Acharya is considered the first recipient of the Madan Puraskar, she was a man, not a woman.

The first woman writer to receive the Madan Puraskar was Mahadevi Varma, who received the award in 1956 for her book "Niharika".