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Gold-Rich Temples Weigh Monetisation Scheme, but ‘Melting’ a Dampener
Sunday, December 20, 2015 21:09
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by PTI
India Times, Economic Times
NEW DELHI: As the government seeks to monetise gold worth an estimated USD one trillion lying idle, all eyes are on their biggest repositories — the temples — but many of them fear that ‘melting’ of the ornaments donated by devotees may hurt religious sentiments.
Officials at a number of rich and famous temples across the country said they may not be able to immediately participate in the scheme, while a few others said the scheme was worth exploring but a final decision was yet to be taken.
For some temples, including Sree Padmanabhaswamy Temple in Kerala and the Shirdi Sai Baba temple in Maharashtra, the ongoing court cases are coming in the way.
Continue Reading at EconomicTimes.IndiaTimes.com…
Source: http://financialsurvivalnetwork.com/2015/12/gold-rich-temples-weigh-monetisation-scheme-but-melting-a-dampener/?utm_source=rss&utm_medium=rss&utm_campaign=gold-rich-temples-weigh-monetisation-scheme-but-melting-a-dampener
