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Tirupati temple announces Rs 3,116 crore budget for 2019-20

PW Bureau

Of the revenue, the cash offerings are expected to hover around Rs 1,231 crore and the revenue from the interest on deposits in private and public sector banks is estimated to be about Rs 846 crore

Tirumala: While projecting an overall income of about Rs 3,116 crore, Tirumala Tirupati Devasthanam (TTD), the temple operator managing the richest hill shrine of the Sri Venkateswara Swamy Temple, offered its budget plan for the next financial year, an official said. Of the revenue, the cash offerings were expected to hover around Rs 1,231 crores and the revenue from the interest on deposits in private and public sector banks is estimated to be about Rs 846 crore, TTD chairman Putta Sudhakar Yadav said.

The ticket sales for various forms of worship, comprising rituals in the temple, the online tickets – priced at Rs 300 – and special entry VIPs tickets could get Rs 292 crore as the laddu prasadam might garner close to Rs 270 crore, he said.

Various other proceeds

Yadav added that the proceeds from the auctioning of human hair that is offered by millions of devotees, including the aged, women and infants are expected to be Rs 100 crore. The revenue collected from the TTD marriage halls and accommodations allotted to devotees will likely be about Rs 105 crore, he said.

Expenditures of temple

On the expenditures of the temple, popularly known as the Tirupati, the salaries and other wages to the staff of more than 6,000 might reach around Rs 625 crore and the expenses for outsourcing personnel will likely cost Rs 340 crore.

Additionally, a sum of around Rs 400 crore is projected to be spent on new constructions of pilgrims' amenities, taking up repair and laying of roads, while Rs 179 crore is expected to be spent for the propagation of Hindu dharma activities, Yadav said.