TTD announces Rs 3,116-crore budget

Tirupati: Tirumala Tirupati Devasthanams (TTD) yesterday announced its budget for the year 2019-2020.

The TTD, which manages Lord Venkateswara temple, said it was expecting an overall revenue of about Rs 3,116 crore this year.

Speaking to reporters, TTD chairman Putta Sudhakar Yadav said of the overall income, the cash offerings were projected at Rs 1,231 crore.

The revenue from the interest on deposits in various nationalised and private banks was estimated to be about Rs 846 crore and the sale of tickets under different categories could bring Rs 292 crore. The prasadam – laddoo – might bring in about Rs 270 crore, he said.

The proceeds from the auction on human hair were projected to be Rs 100 crore, revenue from the TTD accommodations and marriage halls was estimated to be around Rs 105 crore.

Listing out the expenditures, he said, the salaries and other wages to the over 6,000 staff might touch about Rs 625 crore while the expenses for the out-sourcing personnel could cost about Rs 340 crore. About Rs 400 crore was expected to be spent on new constructions of pilgrims’ amenities, taking up repair and laying of roads. And a sum of Rs 179 crore was expected to be spent for the propagation of Hindu dharma activities in the sub-continent, he added.