
New Delhi, May 19: The central government has dismissed reports claiming it is preparing to monetize gold held by temple trusts and religious institutions.
In an official statement, the Finance Ministry clarified that certain media reports and social media posts falsely asserted that the government plans to issue gold bonds in exchange for temple gold reserves or has approved a proposal for their monetization.
The statement read, “Speculations and rumors regarding a government scheme to monetize gold held by temple trusts or any religious institution across the country are completely false, misleading, and baseless.”
The government also refuted claims that gold plates on temple spires, doors, or other structures would be considered part of “India’s strategic gold reserves.”
Furthermore, the ministry emphasized, “Claims that gold plates on temple spires, doors, or other structures would be regarded as ‘India’s strategic gold reserves’ are false, misleading, and entirely unfounded.”
Authorities urged citizens not to believe or spread such rumors, warning that the dissemination of unverified information could create unnecessary confusion and mislead the public.
The government advised the public to rely solely on official information released through authorized channels for any policy decisions and government plans.
It stated that any policy announcement would be communicated through official press releases, government websites, and verified public communication platforms.
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