January 5, 2022
1 min read

Temple Seeks Aid To Tide Over Financial Crisis

A top person in the family spoke on condition of anonymity that things are not that rosy ever since the Covid pandemic struck…reports Asian Lite News.

The famed Sree Padmanabhaswamy temple located in the heart of the capital city might be the world’s richest temple with an asset base worth over Rs one lakh crore, mostly in gold, silver and diamonds, but the fact of the matter is it has sought help of the Kerala Government for a soft loan to tide over its financial difficulties.

Padmanabhaswamy is the tutelary deity of the royal family of Travancore. The titular Maharaja of Travancore, Moolam Thirunal Rama Varma, is the trustee of the temple.

A top person in the family spoke on condition of anonymity that things are not that rosy ever since the Covid pandemic struck.

“There has been a slide in the temple earnings and a sum of Rs 2 crore has been sanctioned by the State government and it is a loan and has to be given back in an year’s time,” said the top source.

The temple has around 200 employees both permanent and temporary and a sizeable number who are paid pension.

“Approximately the temple has a monthly expenses of around Rs one crore and generally till the pandemic struck, the temple was able to break even, but after the pandemic, things have gone hay wire and hence the temple had to approach the state government for a loan,” added the source who did not wish to be identified.

Since 2011, when an apex court committee stumbled upon six vaults in the temple and with just vault B left yet to be opened, the treasure that has been found in the five vaults has been estimated to be worth over Rs one lakh crore and after that this temple has now become the centre of attraction for many.

ALSO READ-159 Hindu pilgrims in Pak to visit Karak temple

Previous Story

China Intensifies military training

Next Story

BJP’s kicks off 10-year report card campaign

Previous Story

China Intensifies military training

Next Story

BJP’s kicks off 10-year report card campaign

Latest from Arts & Culture

Where Heritage Meets High Fashion

Traditional craftsmanship stepped into the international spotlight as a cultural heritage fashion show at WorldSkills Shanghai 2026 showcased the rich artistry of Miao embroidery, batik and silver craftsmanship. Held during the global

Ancient Roots, Renewed Voice

Journey and cultural identity of Afghan Hindus in Britain By Ragasudha Vinjamuri, HFE Komal Chopra has migrated to Britain several years ago as a child and is a postgraduate by education. She

A Practical Guide To Detective Work

The book may also appeal to young people exploring careers outside conventional professional choices. Private investigation can attract individuals who enjoy analysing situations, solving problems and working with information, and the book

Birmingham Festival Celebrates Cultural Excellence

The 12th Annual Birmingham Thyagaraja Festival was held on 23 May 2026 at the Consulate General of India, Birmingham, bringing together cultural leaders, artists, dignitaries and performers from across the United Kingdom
Go toTop

Don't Miss

Kerala CM Vijayan Begins Gulf Tour

Vijayan’s Middle East tour underwent a revision after the Ministry

‘Kerala open to discuss new projects with Adani group’ 

Expressing the government’s objective of promoting green projects, the minister