Tirumala Tirupati Temple Approves Rs 5,142 Crore Budget. Here Is How The Temple Earns


2024/01/31 12:23:41 IST

Temple’s Budget 2024-25

    The Tirumala Tirupati Devasthanams (TTD), the body that manages the Tirumala Tirupati Temple, approved a budget of Rs 5,142 crore for the year 2024-25. This is a slight increase from the previous years budget of Rs 5,123 crore. Heres how the temple earns its income:

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Hundi collections

    This is the biggest source of income for the temple, accounting for Rs 1,611 crore in the budget. Hundis are donation boxes placed at various locations within the temple complex where devotees can offer their contributions.

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Interest on investments

    The TTD has a large corpus of funds that it invests in various financial instruments. The interest earned on these investments amounts to Rs 1,167 crore in the budget.

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Prasadam sales

    The temple sells various prasadams (consecrated food offerings) to devotees. The revenue from prasadam sales is estimated to be Rs 600 crore in the budget.

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Darshanam (visit) fees

    Devotees who want to have a darshan (holy viewing) of the Lord Venkateswara idol need to pay a fee. The income from darshanam fees is estimated to be Rs 338 crore in the budget.

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Other sources of income

    The temple also earns income from other sources such as rents, fees for various services, and donations from individuals and organizations.

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Expenses

    The TTD uses the revenue it generates to meet its various expenses, which include salaries for employees, maintenance of the temple complex, welfare activities, and investments.

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Noteworthy

    Its important to note that the Tirumala Tirupati Temple is a not-for-profit organization and all the income it generates is used for religious and charitable purposes.

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