The Tirumala Tirupati Devasthanam (TTD) on Saturday approved its annual budget for the year 2016-17 with an estimated revenue of Rs. 2,678.07 crore.
For the first time in the history of the TTD, the temple Hundi revenue is expected to be Rs. 1,010 crore for the fiscal.
The second major source of income is interest on investments, with the estimates being pegged at Rs. 778.93 crore.
The TTD also expects an income of Rs. 209 crore by way of the sale of Rs. 300 special entry darshan tickets and a whopping Rs. 175 crore by way of sale of prasadams, Rs. 150 crore by sale of human hair followed by Rs. 114.5 crore by way of sale of choultry receipts and Rs. 55 crore through the sale of Arjitha Seva tickets.
Loans and advances
Other receipts include Rs. 37.39 crore by way of loans and advances to the employees, EMD and security deposits, in addition to Rs. 15 crore from the sale of gold dollars, besides a staggering income of Rs. 133.25 crore by way of lease, rents from hotels and shops, Kalyanakatta, engineering, toll gate and other capital receipts.
The payments side shows a bulk outgo of Rs. 757.06 crore towards corpus and other investments as against Rs. 629.83 crore in the last year.
Salaries
and wages
The next major outflow is Rs. 500 crore towards salaries and wages followed by Rs. 320 crore towards the procurement of materials. Other major expenses include grants and commissions (Rs. 165 crore) fixed assets- engineering works (Rs. 160 crore), outsourcing expenses (Rs. 199.25 crore), pension trust and gratuity payments (Rs. 120 crore), pension fund contributions (Rs. 75 crore), electrical charges (Rs. 55 crore), repairs and maintenance (Rs. 80.20 crore), loans sand advances to employees, EMD, security deposits (Rs. 41.50 crore), other benefits like reimbursement of fees, books, Brahmotsavam bahumanam (Rs. 23 crore) besides Rs. 129.96 crore towards other capital and miscellaneous expenses.
