News Arena

Home

Nation

States

International

Politics

Opinion

Economy

Sports

Entertainment

Trending:

Home
/

tn-temples-earn-17-76-cr-from-gold-monetisation-scheme

States

TN temples earn ₹17.76 cr from gold monetisation scheme

In a press release issued on Monday, State Hindu Religious and Charitable Endowments Minister PK Sekar Babu stated that government orders will shortly be issued to execute the gold deposit scheme in the Sri Meenakshi Sundareshwar temple (Madurai), Bannari Amman temple (Erode), and Kariyakaliaman temple (Tiruppur).

News Arena Network - Chennai - UPDATED: October 13, 2025, 12:36 PM - 2 min read

State Hindu Religious and Charitable Endowments Minister PK Sekar Babu has made the allegations pertaining to as many as 12 Tamil Nadu temples.


As many as 21 temples across Tamil Nadu are collectively generating an annual revenue of ₹17.76 crore through interest earned under the state government’s gold monetisation scheme, according to State Hindu Religious and Charitable Endowments Minister PK Sekar Babu.

 

Unutilised gold ornaments, weighing a total of 1,074 kg, that had been offered as donations to various temples were melted into bars and deposited with the SBI’s gold investment scheme in the names of the respective temples.

 

On October 12, gold weighing 53.38 kg from four temples in Kancheepuram district—specifically the Sri Kamakshi Amman temple, Subrahmanyaswamy temple (Kundrathur), Nithyakalyanaperumal temple (Tiruvidanthai), and Prasanna Venkatesa Perumal Temple (Tirumalaivaiyavur)—was handed over to the SBI in the presence of retired Supreme Court judge Dorai Swamy Raju, state Ministers, and government officials.

 

The Minister further informed that 378.6 kg of gold from 12 additional temples is due to be deposited with the bank in the next phase. In a press release issued on Monday, he stated that government orders will shortly be issued to execute the gold deposit scheme in the Sri Meenakshi Sundareshwar temple (Madurai), Bannari Amman temple (Erode), and Kariyakaliaman temple (Tiruppur).

 

The interest income generated from the gold monetisation scheme will be directed towards funding improvement works at the temples.

 

Also read: Rajinikanth backs Stalin for 2026 Tamil Nadu polls

TOP CATEGORIES

  • Nation

QUICK LINKS

About us Rss FeedSitemapPrivacy PolicyTerms & Condition
logo

2025 News Arena India Pvt Ltd | All rights reserved | The Ideaz Factory