Chavan Stands By ‘Gold Monetisation Of Religious Trusts,’ Following Row Over It

Mumbai: Former Maharashtra Chief Minister and Congress leader Prithviraj Chavan on Friday backed his remarks, saying that religious trusts deposit their gold with banks as the country is in economic crisis due to the coronavirus crisis.

Stating that he would take legal action against those who allegedly twisted his remarks, he said, “Unfortunately, some anti-social elements and religious media have completely turned it around and projecting it I have tried that I have targeted a particular religion. With appropriate legal authorities. This suggestion was not new even when there is a crisis in the national economy, the Prime Minister resorts to the collection of gold. “

He also mentioned how the previous Indian Prime Ministers started a plan to get the country out of the economic crisis.

He said, “After the 1998 Pokhran nuclear test and subsequent economic sanctions, PM Atal Bihari Vajpayee launched a gold deposit scheme in September 1999 and collected a significant amount of gold.”

Chavan further said, “In November 2015, PM Modi launched the Gold Monetization Scheme, in the very first year Lok Sabha reported that 8 temples — 4 from Tamil Nadu, 2 from Maharashtra, 1 from Andhra Pradesh and Jammu — each more Kashmir – deposited gold with various banks. “

 He also said that according to data provided by the Finance Ministry, many institutions have deposited their gold in banks.

“According to the latest report of the Finance Ministry, from the beginning of November 5, 2015, when the gold monetization scheme was launched till January 31, 2020, as 2952 different entities have deposited more than 20 tonnes of gold in 11 banks. The Tirupati Balaji Trust has deposited more than 4 tonnes in State Bank and Punjab National Bank.

He also said that the only two Prime Ministers who announced gold mobilization are from Bharatiya Janata Party.

(With Agency Inputs)

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