The Ministry of Finance has dismissed reports and social media posts claiming that the governmnrt is planning to monetise temple gold reserves or introduce gold bonds linked to gold held by temples and religious institutions across the country.
The ministry said there is no such proposal before the government and no scheme has been approved for using temple gold holdings in any monetisation plan.
👉 Clarification on false claims on monetisation of temple gold holdings
— Ministry of Finance (@FinMinIndia) May 19, 2026
👉 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,… pic.twitter.com/BcuGaogGM7
Finance Ministry calls claims baseless
In its clarification, the ministry said rumours about introducing a gold monetisation scheme for temple trusts and other religious institutions are false and have no basis.
The statement came after several posts on social media and some media reports suggested that the government was preparing a plan to issue gold bonds against temple gold reserves.
The ministry firmly denied these claims and said there is no move under consideration regarding monetisation of gold held by religious bodies.
viral claims on temple gold structures rejected
The government also responded to another claim that gold used in temple structures, including plates placed on temple towers, doors and other parts of temples, would be treated as India’s “Strategic Gold Reserves.”
Fake News!
— DD News (@DDNewslive) May 19, 2026
🚨 A viral claim is circulating online alleging that the Government of India is going to issue gold bonds to temples in exchange for temple gold reserves.
❌ This claim is #FAKE
✅ The Government of India has NOT taken any such decision.
▶️ Stay away from fake… pic.twitter.com/yacMlBImP9
The ministry clarified that this information is also incorrect and described it as misleading and completely baseless.
Government asks public to trust official sources
The Finance Ministry appealed to people not to share or believe such reports without verification. It said circulation of false information creates confusion among the public.
The ministry also reminded citizens that any decision related to government policies, schemes or major announcements is released only through official platforms.
It said people should depend on government websites, official press releases and verified communication channels for accurate information instead of relying on rumours circulating online.
