At least nine people, including two children, lost their lives when a massive crowd surge spiraled into chaos.
The Sri Venkateswara Swamy Temple, popularly known as the Tirupati, has requested repayment of their deposits of longer than three years under the Gold Monetisation Scheme in the metal rather than cash, D. Sambasiva Rao, the executive director of the temple operator Tirumala Tirupati Devasthanam (TTD) told Reuters on Wednesday.
Officials from finance ministry and the Reserve Bank of India met on Friday to discuss modifying the much-publicised scheme after managing to attract deposits of only three tonnes of gold in four months out of an estimated pool of 20,000 tonnes stacked away in family lockers and temple vaults.