Certain media reports and social media posts are circulating with claims that the Government of India is planning to issue gold bonds to temples in exchange for temple gold reserves or that a proposal has been approved for monetisation of temple gold holdings. Speculation and rumours suggesting that the Government is planning to introduce monetisation scheme for Gold held by temple trusts, or any religious institution, across the country are completely false, misleading and without any basis. It is also clarified that claims suggesting that gold plates on temple towers, doors, or other temple structures will be considered as “Strategic Gold Reserves of India” are false, misleading, and entirely baseless. Citizens are requested not to believe or circulate such rumours. Spreading unverified information creates unnecessary confusion and may mislead the public. The Government urges all citizens to rely only on official communications issued through authorised channels. Any information regarding policy decisions or government schemes will be shared through official press releases, government websites, and verified public communication platforms.
Clarification on false claims on monetisation of temple gold holdings
For UPSC
Remember: No temple gold monetisation scheme exists (May 2026 clarification); claims about gold bonds for temples or declaring temple gold as "Strategic Gold Reserves of India" are officially denied as false and baseless.
Original PIB release
pib.gov.in · PRID 2262602
Open on PIB ↗
pib.gov.in · PRID 2262602