India, May 19 -- The Government of India has issued a release:

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, misle...