Thursday , November 22 2018

Rs 4 crore demonetised notes in Lord Balaji Hundi

Tirupati’s Lord Balaji shrine has over Rs 4 crore in junked notes and the temple administration has written to the government and RBI on the fate of the accumulated notes and was awaiting a response.

Tirupati: The famous hill holy place of Lord Balaji in Tirumala is caught in a piquant situation as it has received over Rs 4 crore demonetised 500 and 1,000 rupee notes from devotees in the last two months.

Lord Venkateshwara

The temple administration Tirumala Tirupati Devasthanam has written to the Reserve Bank of India and government on the demonetised 500 and 1,000 rupee notes and was awaiting a response, a top official said today.

Thousands of devotees visit the hill shrine every day from various parts of the world continued to offer the demonetised notes in the hundi along with valid currency even after the deadline for exchange of demonetised notes expired on December 30.

More than Rs 4 crore in demonetised currency had been offered in the hundi, Executive Officer of the TTD, which manages the ancient holy place, D Sambasiva Rao said, “We have already written to the Reserve Bank of India and Government of India about the demonetised notes offered by devotees as fulfillment of their oaths and are awaiting a reply. ”

Moreover, it is a  common practice for devotees of Lord Venkateswara placing cash in tiny boxes or mud pots kept in ‘pooja rooms’ in their houses over a period, and then they deposit it in the hundi of Lord Venkateshwara whenever they visit to the holy place Tirumala.

Temple officials believe that all the demonetised currency notes offered in the hundi in the last two months might be those kept in the boxes at homes.
Temple officials said, the shrine annually gets more than Rs 1,000 crore besides silver and gold offerings.

The government has reported a law that makes the holding of more than 10 demonetised notes punishable with a minimum fine of Rs 10,000.

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