Somnath temple invests in Gold Monetization Scheme

Somnath temple invests in Gold Monetization Scheme

Somnath Temple becomes the first temple to deposit its idle gold in the Gold Monetization Scheme. Indian Prime Minister Narendra Modi who is one of the trustee has given his nod to invest the yellow metal reserves in the scheme.

The trust has 35 Kgs of Gold and they will be deposited which is not in day to day use of the temple. The decision was taken after conducting a meeting with trustees at Prime Minister Modi's residence. P.K.Lahiri who is the trust secretary confirmed this news.


He said, "During the meeting, all the trustees have agreed to the proposal of depositing the gold, which is not in day-to-day use of the temple, in the Gold Monetization Scheme." He said, the trust is having 35 Kilos of gold in either pure form of Gold or Ornaments. The management will segregate the pure gold from the whole lot to finalize the quantum of Gold which can be deposited. 

Lahiri also said most of the Gold will be used for decoration purposes. Other trustees include former Gujarat Chief Minister Keshubhai Patel, Veteran BJP leader LK Advani, Harshvardhan Neotia and JD Parmar.
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