poornima lagadapati
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The TTD chairman said that the temple could not stop the devotees from offering old notes as it is linked with their faith and religious sentiments.
Tirupati Temple Received 50 Crore But Cannot Use it As Devotees Continue to Offer Demonetised Notes
The world famous Tirupati temple in Andhra Pradesh is awash with Rs 50 crore demonetised cash offerings, which it continued to receive from the devotees, but could not utilise.
"Though the Central government had demonetised Rs 1,000 and Rs 500 notes on November 8, 2016, devotees continued to offer demonetised notes," said a TTD officialAs a result, the temple in southern Andhra Pradesh received 1.8 lakh notes of Rs 1,000, amounting to Rs 18 crore, and 6.34 lakh notes of Rs 500, amounting to Rs 31.7 crore. All the offered demonetised notes amounted to a total of around Rs 50 crore.
Though replete with old cash, Tirupati, one of the richest temples in the world, could not make use of it as scrapped notes have stopped being a legal tender for four years already.
Tirupati Temple Received 50 Crore But Cannot Use it As Devotees Continue to Offer Demonetised Notes
The world famous Tirupati temple in Andhra Pradesh is awash with Rs 50 crore demonetised cash offerings, which it continued to receive from the devotees, but could not utilise.
"Though the Central government had demonetised Rs 1,000 and Rs 500 notes on November 8, 2016, devotees continued to offer demonetised notes," said a TTD officialAs a result, the temple in southern Andhra Pradesh received 1.8 lakh notes of Rs 1,000, amounting to Rs 18 crore, and 6.34 lakh notes of Rs 500, amounting to Rs 31.7 crore. All the offered demonetised notes amounted to a total of around Rs 50 crore.
Though replete with old cash, Tirupati, one of the richest temples in the world, could not make use of it as scrapped notes have stopped being a legal tender for four years already.