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Cash flow into Tirumala Hundi unstoppable

By:  Tupaki Desk   |   19 Nov 2016 4:00 PM GMT
Cash flow into Tirumala Hundi unstoppable
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Demonetization has only increased the cash flow into Tirumala Hundi. Since November 9th, About Rs 30.36 crore has been offered by the devotees. That's an increase of Rs 8 crore when compared to the offering during the same period last year.

Tirumala hundi received highest offering of Rs 3.53 crore on November 17th. The lowest in the past 10 days was Rs 2.28 crore on November 10th. Apart from the old Rs 500 and Rs 2000, Devotees have offered even new Rs 500 and Rs 2000 aplenty. On an average, The offerings in cash have been Rs 3 crore per day. This hints there is hardly any impact of currency ban on Hill Shrine.

Every year, Tirumala receives cash offerings around Rs 1,000 crore. The highest single day cash offerings of Rs 5.73 crore was received on the eve of Sri Rama Navami in 2012. Even offerings in the form of silver and gold amount to several hundreds of crores.