New Delhi: The Central government on Tuesday dismissed reports and social media claims suggesting it was planning a gold monetisation scheme for temple trusts and religious institutions, calling them “false, misleading and baseless.” The Ministry of Finance clarified that no such proposal has been approved or is under consideration.

The ministry said some media reports and online posts wrongly claimed that the Centre intended to issue gold bonds to temples in exchange for temple gold reserves or monetise such holdings. It further rejected claims that gold plates on temple towers, doors or other structures would be classified as “Strategic Gold Reserves of India,” terming the suggestion entirely baseless.

Officials urged citizens not to circulate or believe such rumours, warning that unverified information can create confusion and mislead the public. The government also stressed that any policy decision or scheme would only be announced through official press releases, government websites and verified communication channels.

The clarification also reiterated that spreading misinformation on government policy can distort public understanding and encourage reliance on authorised sources for accurate updates.

Earlier, the government had also countered misleading international media reports regarding India’s textile recycling ecosystem, stating that such narratives ignored the sector’s scale, sustainability efforts and technological progress.

The Finance Ministry reaffirmed...

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