Chennai, Nov 15, : , The Tamil Nadu government plans to monetise assets owned by religious institutions that are part of the Hindu Religious and Charitable Endowment department (HR&CE). The state government recently floated a tender for selecting an agency for the preparation of a roadmap on the matter.
Recently, the state government launched a tender to select an agency that would prepare a roadmap.The Tamil Nadu government has found in a study that the assets owned by the religious institutions are not properly utilised and several properties owned by the HR&CE department are subject to encroachments.
A study by the Tamil Nadu government found that assets held by religious institutions are not being properly used and that several properties belonging to the HR&CE department are susceptible to encroachments.
The government pointed out that 38,652 Hindu and Jain religious institutions are under the control of the HR&CE department.
The government stated that 38,652 Hindu- and Jain religious institutions were under the HR&CE department’s control.The government maintained that it is involved in the administration of the religious institutions and charitable endowments to enable their religious autonomy, financial viability and sustained development.
It maintained that it was involved in the administration and charitable endowments of religious institutions to allow their financial viability, religious autonomy and sustainable development.
It may be noted that the temples own large parcels of land comprising commercial, residential and agricultural categories.
You may have noticed that temples own large tracts of land which include residential, commercial and agricultural areas.These properties are located in the municipal corporations, municipalities, town panchayats and village panchayats.
These properties can be found in municipal corporations, municipalities and town panchayats.
The ownerships of the properties would remain with the concerned religious institutions, but the development rights for a specific period are being proposed to be offered to the developers.
While the property ownership would be retained by the religious institutions concerned, the development rights for a specified period are being offered to developers.The income generated through this development could be used for the maintenance of the respective temples.
This development could generate income that could be used to maintain the temples.
A consultancy agency would soon be appointed for the preparation of a roadmap for the monetisation process of all the 38,652 Hindu and Jain religious institutions that are under the control of the HR&CE department.
Soon, a consultancy agency will be hired to prepare a roadmap for monetisation of all 38,652 Hindu or Jain religious institutions under the HR&CE department’s control.
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