Somnath Temple to invest in Gold Monetisation Scheme

January 18, 2016 09:53

The Somnath Temple Trust is all set to become Gujarat's first temple to deposit its idle gold in the Gold Monetisation Scheme as its trustees including Prime Minister Narendra Modi have given their nod to invest the yellow metal reserves in the scheme.

The trust has around 35 kg gold and will deposit the gold which is not in day-to-day use of the temple.

The decision was taken during the recently held meeting of trustees at Modi's residence in Delhi on January 12, said the trust secretary P K Lahiri, who is also one of the trustees of the Somnath Temple, situated in the Gir-Somnath district.

"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 Monetisation Scheme," said Lahiri.

According to him, the trust is having around 35 kg gold, which is either in the form of pure gold or ornaments. Now, the management will segregate the pure gold from the whole lot to finalise the quantum of gold which can be deposited.

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