Gold jewellery from Periyapalayam’s Bhavani Amman temple handed over to SBI

The ornaments will be taken to the Reserve Bank of India mint in Mumbai, where they will be melted and deposited in the bank

July 01, 2022 12:36 am | Updated 12:36 am IST - CHENNAI

Minister for Hindu Religious and Charitable Endowments (HR&CE) P.K. Sekarbabu on Thursday handed over 130.6 kg of gold ornaments given as offerings by devotees to the Sri Bhavani Amman temple in Periyapalayam to officials of the State Bank of India.

The ornaments will be taken to the Reserve Bank of India mint in Mumbai, where they will be melted down to pure gold and deposited in the State Bank of India. The temple would get an interest of ₹1 crore a year from the gold deposit.

Speaking on the occasion, the Minister said the scheme to deposit gold given as offerings in temples was introduced in 1977. However, it was not implemented over the last 10 years. He said that recently, 27 kg of gold belonging to the Mariamman temple at Irukkangudi had been deposited with the bank, and the temple would get ₹24 lakh as interest a year from the deposit.

Secretary (HR&CE) B. Chandra Mohan, HR&CE Commissioner J. Kumaragurubaran and retired Supreme Court judge D. Raju were also present on the occasion.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.