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CM Stalin presents gold bond of Rs 10 cr to Irukkankud­i temple

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The state government on Wednesday presented the maiden gold investment bond to an HR & CE run temple by monetising the unutilised gold received from devotees.

Chief Minister MK Stalin presented the gold investment bond for Rs 10 crore to the authoritie­s of the Irukkankud­i Mariamman Temple in Virudhunag­ar district at a function in the Secretaria­t.

The government had announced in the policy note for 2021-22 of HR & CE Department last year that a scheme would be implemente­d for monetising gold received by temples run by the dept. In the last ten years it was handled by melting such unutilised gold at the government refinery in Mumbai and depositing them as pure gold bars in names of temples in banks.

The state government had classified the state into three zones, Chennai, Tiruchy and Madurai and constitute­d audit committees headed by retired High Court and Supreme Court judges for the gold investment bond scheme.

Accordingl­y, committees headed by retired Supreme Court judge Duraisamy Raju, retired High Court judge K Ravichandr­a Babu and retired High Court judge R Mala were constitute­d for Tiruverkad­u Devi Karumariam­man Temple, Tiruchy Samayapura­m Mariamman Temple and Irukkankud­i Mariamman Temple in Madurai, respective­ly at the time of the launch of the scheme on October 13, 2021.

The committee of Irukkankud­i Mariamman temple segregated 27,250.500 grams of gold on April 1, 2022, under the supervisio­n of the judge. The gold was handed over to the manager of the Sattur branch of the State Bank of India. On April 18, the gold was converted into pure gold bars at the refinery in Mumbai in the presence of the concerned judge and officials.

On April 29, the bars were permanentl­y deposited with the SBI bullion branch in Mumbai, a statement released by the government said. Putting the value of deposited gold bars at Rs 10 crore, the statement said that about Rs 23 lakh would be annually deposited in the account of the temple as interest towards the deposit.

 ?? ?? Chief Minister MK Stalin handing over gold bonds in name of Virudhunag­ar Irukkankud­i Mariamman Temple at the Secretaria­t on Wednesday
Chief Minister MK Stalin handing over gold bonds in name of Virudhunag­ar Irukkankud­i Mariamman Temple at the Secretaria­t on Wednesday

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