Business

‘Baseless’: Centre rejects rumours over turning temple gold into reserve

1 Mins read


'Baseless': Centre rejects rumours over turning temple gold into reserve

The government on Tuesday dismissed rumours suggesting that it is planning to monetise gold held by temples and religious institutions across the country. The clarification came after several social media posts and media reports claimed that the Centre was preparing to issue gold bonds to temples in exchange for their gold reserves. Responding to the rumors, the government responded that there is no such proposal and the claims are “completely false”. It also rejected rumours suggesting that a scheme was being planned to monetise gold owned by temple trusts and other religious bodies.“Speculation and rumours suggesting that the Government is planning to introduce monetisation scheme for Gold held by temple trusts, or any religious institution, across the country are completely false, misleading and without any basis.” The government further denied claims that gold plates placed on temple towers, doors and other temple structures would be treated as “Strategic Gold Reserves of India”. It said such reports were “false, misleading, and entirely baseless”. Urging people not to share unverified information, the goevrnment has urged citizens to not spread rumours and mislead the public.“Citizens are requested not to believe or circulate such rumours. Spreading unverified information creates unnecessary confusion and may mislead the public.” Furthermore, any decision related to government schemes or policies would only be announced through official press releases, government websites and verified public communication channels.



Source link

Related posts
Business

Petrol, diesel price hikes: How India’s fuel price rise compares to US, China, Pakistan, UAE & other economies

3 Mins read
India has so far raised its petrol and diesel rates by around 4%, much less compared to the double digit hikes seen…
Business

Oil above $100: How soaring crude prices are hitting India — explained in 10 charts

8 Mins read
The conflict between the US, Iran and Israel is no longer just in the Middle East, it is quietly slipping into portfolios,…
Business

All charges dropped by US Department of Justice: Adani Group stocks rally up to 3%

2 Mins read
Separately, the group reached a settlement with the US Treasury Department over civil allegations linked to sanctions violations. Adani group stocks today:…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *