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TTD approves Rs.1925 crore budget

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TTD approves Rs.1925 crore budget

 

TIRUPATI, Feb.24, 2008 (TIRUPATITIMES.COM)

 

The Trust Board of Tirumala Tirupati Devesthanams (TTD) which manages the famous hill shrine of Lord Venkateswara, richest in the country, at Tirumala near here on Sunday has approved a Rs. 1925 crore budget for the fiscal year 2008-09.

 

Of this total collections, the temple hundi offerings made by millions of devotees from different parts of the country and abroad alone has been expected to net Rs.425 core during the period, TTD Board Chairman, Mr. B. Karunakara Reddy and the TTD Executive officer Mr. KV.Ramanachary told the Media on the hills this afternoon.

 

The sale of different types of temple rituals tickets and the special entry darshan tickets has been estimated to fetch about Rs.100 crore and the sale of laddu prasadams would amount to Rs.40 crore while the auction of human hair offerings would be about Rs. 100 crore, they said.

 

They also said that the investments-realized is expected to cross about Rs.760 crore against the revisesd estimates of Rs. 645 crore for the previous financial year

 

The interest on investments made at different noted financial institutions including nationalized banks was expected to account for about Rs.311 crore, they added. http://www.tirupatitimes.com/

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