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No proposal to monetise temple gold holdings approved: Govt

The Centre on Tuesday dismissed reports claiming it had approved a gold monetisation scheme for temple trusts, calling them false and misleading, and clarified that no proposal to monetise temple gold holdings is under consideration

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The government on Tuesday dismissed as 'false, misleading and baseless' reports and social media claims suggesting that it was planning to introduce a gold monetisation scheme for temple trusts and religious institutions across the country. 

The Ministry of Finance, in an official clarification, said certain media reports and social media posts were falsely claiming that the Centre was planning to issue gold bonds to temples in exchange for temple gold reserves or had approved a proposal for monetisation of temple gold holdings.

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