6 Nov 2022

Gold And Cash Assets of Tirumala Tirupati Balaji Temple Grow In 3 Years

Tirumala Tirupati Devasthanams (TTD) has for the first time declared the total assets of the temple. According to media reports, a white paper has been released in which it was told that 10.3 tonnes of gold worth Rs 5,300 crore and 15,938 crore cash of the Tirumala Tirupati Balaji Temple are deposited in nationalized banks. The total property of the temple is 2.26 lakh crores.

Growth in gold and cash since 2019: Trust executive officer A.V. Dharma Reddy has told that the current trust board has strengthened its investment guidelines from 2019. In 2019, there was 13,025 crore cash in many banks, which has increased to 15,938 crore.

Meanwhile, on an experimental basis, TTD has relaunched offline issue of free slotted sarva darshan (SSD) tokens at three places – Bhudevi and Srinivasa complexes and Govindarajaswamy Choultries – at Tirupati from November 1.

A.V. Dharma Reddy said 25,000 tokens each are being issued on Saturdays, Sundays and Mondays and 15,000 tokens during other weekdays.

He pointed out that these tokens enable pilgrims to have the darshan of Srivaru on the same day. Gradually, the number of tokens issued will be increased after correcting possible lapses in issue of these tokens.

Reddt said that with an objective of promoting Hindu dharma all over the world, TTD has been conducting the Srinivasa Kalyanam fete in UK and Europe from October 15. These will continue till November 13 – at Paris on Sunday, November 6, at London on November 12 and at Edinburgh in Scotland on November 13.

TTD rubbished some social media reports that claimed that the trust's chairman and board had invested funds on Andhra Pradesh government securities. TTD said that this was not done, rather the remaining funds are invested in scheduled banks.

In a press release, the trust said that the devotees of Srivari are requested not to believe in such false propaganda. The investment of cash and gold deposited in banks is done in a very transparent and correct manner.

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