Tirupati temple may move nearly 8 tonnes gold under monetisation scheme
The TTD which recently said it moved over 1.3 tonnes of yellow metal to Punjab National Bank (PNB) under the scheme also requested the government to tweak some rules to enable it to move its entire holding of gold under the scheme.
According to TTD Executive Officer D Sambasiva Rao, the temple receives about 800 kg to one tonne of gold in the form of donations and offerings from devotees every year. Image Source: Reuters