‘False and baseless’: Government dismisses reports on temple gold monetisation scheme
The government has rejected claims regarding a proposed gold monetisation scheme involving temple gold holdings. It clarified that no such proposal has been approved and urged the public not to circulate unverified information. The finance ministry emphasized that any official announcements would be made through authorized channels only.
- ▪The government dismissed reports suggesting a gold monetisation scheme for temple gold holdings as false and baseless.
- ▪No proposal has been approved to issue gold bonds to temples in exchange for gold held by religious bodies.
- ▪The finance ministry urged the public to refrain from sharing unverified claims that could create confusion.
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‘False and baseless’: Government dismisses reports on temple gold monetisation schemeThe government urged people not to circulate unverified information related to policy matters. Published on: May 19, 2026 1:38 PM ISTBy HT News DeskShare viaCopy link The government on Tuesday issued a clarification rejecting claims that the Centre is planning to bring temple gold holdings under any proposed gold bond or monetisation scheme.Government dismisses reports on temple gold monetisation. (PTI)The clarification by the finance ministry came after several media reports and social media posts suggested that gold reserves held by temple trusts and religious institutions across the country could be brought into a government-backed scheme.
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