Tirumala Tirupati Devasthanam, which manages the temple of the country's richest Lord Venkatesh in Tirumala, Andhra Pradesh, has desired to return the old currency of Rs 51 crore. There are 500 and 1,000 rupee notes that have been discontinued, Devasthanam has taken this decision after almost four years of demonetization.
YV Reddy, the chairperson of Tirumala Tirupati Devasthanam, met Union Finance Minister Nirmala Sitharaman on Monday. Reddy appealed to the Finance Minister to monetize the old note, which was offered by the devotees to Lord Venkatesh.
Reddy said that he has placed a representation before the Union Finance Minister and appealed that Tirumala Tirupati Devasthanam, due to Coronavirus, understands the financial situation and find a solution to this problem. YV Reddy said that he told the Finance Minister that the pilgrims consider pouring the amount in the handi (donation) and it brings a great feeling of pilgrimage to the pilgrim, so Tirumala Tirupati Devasthanam does not reject the offering of devotees. can.
Reddy said that on 8 November 2016, the central government decided to ban demonetization, after which Tirumala Tirupati Devasthanam also stopped taking the banned currency of 500 and 1,000 rupees and also stopped the transaction of these two notes.
Although Tirumala Tirupati Devasthanam says that there is no information about when devotees put this money in Handi. Even after the Reserve Bank of India guidelines, devotees did not stop putting 500 and 1,000 rupee notes in the handi. He told me that the Finance Minister has assured Reddy that she will talk to the central bank and try to find a solution in this regard.