COVID Effect: Udupi Mutt applies for Rs 1 cr loan from banks for maintenance


Team Udayavani, Aug 30, 2020, 2:39 PM IST

Udupi: The Krishna Mutt officials have applied for a bank loan of Rs. 1 crore for the maintenance of the Mutt due to lack of income in the past 5 months due to COVID-19 pandemic.

As per sources, around 300 people are working in the Srikrishna Mutt and at present 150 are working at mutt while 150 are at home and wages have been paid to them.

The Mutt officials have to maintain the cost of the daily meal is 300 people, 100 coconuts, two cans of ghee, one can of pure sesame oil, electricity bill (Rs 1 to 1.5 lakh per month), goshalas, etc.

The total expenditure of the Mutt per day would be around Rs.1 to 1.25 lakhs and per month it would be around Rs. 30-40 lakhs per month.

Following the COVID-19 lockdown, the devotees are not allowed to enter the Mutt since March 22 and the donations have been stopped for five months.  The Mutt has incurred cost of Rs. 1 Cr – 1.5 Cr in the past five months.

Adamaru Mutt Swamiji Eshwarapriya Theertha Shreepada said that there is a misconception that Swamiji will receive a lot of donations. At present, the officials have sought a loan of Rs.1 crore from two banks for the maintenance of Srikrishna Mutt. 15 lakhs has already been sanctioned.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

BJP’s goal is to take India from appeasement to fulfilment: PM Modi

Gold packed in milk powder packets seized at Mangaluru International Airport

Mangaluru: Police bust beef sale racket; accused flees

Ensure hoisting of national flag in every house in August: Minister Ashwath Narayan

Gold-smuggling through diplomatic bag case: Swapna Suresh claims threat to life

Arunachal: Strategic bridge at border with China washed away in flash flood

Security lapse: Man sneaks into West Bengal CM’s residence, spends night


Related Articles More

Karnataka reports 975 COVID-19 cases, 1 death

‘Action to be taken against those violating mask rule’

Technical glitch hits compiling of Covid-19 data base for 2nd day

858 COVID-19 cases, 1 death in Karnataka

Mandaviya to chair crucial meeting with experts on rising COVID-19 cases

MUST WATCH

NEWS BULLETIN 03-07-2022

The deer swallowed 80 kg. A python weighing 14 feet long!

Vitla College Student doing Good Job

Rowdysheeter parade at Koppala

Mangaluru : 13-year-old boy cooks up attack story case twist


Latest Additions

BJP’s goal is to take India from appeasement to fulfilment: PM Modi

Gold packed in milk powder packets seized at Mangaluru International Airport

Mangaluru: Police bust beef sale racket; accused flees

Former India goalkeeper EN Sudhir dies; AIFF offers condolences

Ensure hoisting of national flag in every house in August: Minister Ashwath Narayan

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.