Income from Guruvayoor temple in April is over 3.65 crores!

via HK Correspondent published on May 24, 2011

TRICHUR : It has been announced that during the period 1 – 30 April, income from Guruvayoor temple has been 3,65.64,655 rupees which is an all time record. It is a matter of great pride to any devotee and Hindus in particular. But where does this money go? The realization that a part of our offerings to the Lord goes to Hajj subsidy, Mukri Pension, Madrassa modernization and Muslim university. The Guruvayoor temple Devaswom could have indulged in many religious activities or at least have world class medical college, engineering college or IIT. But we could only dream in those lines. Had there not been a Sai Baba or Maata Amrithanandamayi, we could not have had any such institutions where we could walk in as an institution of the Hindus. Now, the temple income is government fund and it flows into all non-productive expenditures established to maintain the vote banks. As a rejoinder, the following information may be interesting.

Please log in to the website of Guruvayur Devaswom Board and read the reports for the year 2009. If you look in to the 3rd Paragraph of the 2nd part of the report you can see a statement saying “400 Kg of gold taken from Devaswam stock and send to Mumbai to make 344.895104 KG of pure gold and this is being pledged with SBI for an interest of 1.5% / year for a period of seven years”. What does this says? If you take a price of Rs. 1900 / Gram, the value of gold invested is over 68 Crores (681,167,830). This is just gold from one devaswam board. It is estimated 300 to 400 crores is the investment by temples in Kerala in different banks for nominal interest rates. This investment is growing at least by 10% every year.

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