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Tuesday, May 19, 2026

‘False claims’: Govt rebuts reports on monetisation of temple gold holdings - The Statesman

The Central government has rebutted the reports of gold bonds to temples in exchange for temple gold reserves or that a proposal has been approved for monetisation of temple gold holdings.

Speculation and rumours suggesting that the Government is planning to introduce monetisation scheme for Gold held by temple trusts, or any religious institution, across the country are completely false, misleading and without any basis, Ministry of Finance said in a statement.

It is also clarified that claims suggesting that gold plates on temple towers, doors or other temple structures will be considered as “Strategic Gold Reserves of India” are false, misleading, and entirely baseless, it added.

Government has also urged the citizens not to believe or circulate such rumours. “Spreading unverified information creates unnecessary confusion and may mislead the public.”

It further asked citizens to rely only on official communications issued through authorised channels. Any information regarding policy decisions or government schemes will be shared through official press releases, government websites, and verified public communication platforms.

Amid the ongoing Middle East crisis, the Indian government has been actively taking decisions to contain the issue. However, misconceptions are followed.

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