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TTD rescues PM’s Gold monetize Scheme

The richest Hindu temple in the world, Tirumala Tirupathi Devasthanam could soon come to the rescue of Prime Minister Narendra Modi's plan to recycle tonnes of idle gold and cut economy-hurting imports. The gold monetisation scheme, aimed at persuading individuals, institutions and rich temples to deposit some of their gold stash with banks to recycle, has only attracted about one kg in a month out of a total hoard of over 20,000 tonnes. Read more