Less
More
-
Posts: 13012
-
Thank you received: 20
-
-
22 Aug 2011 11:39 #46160
by The Captain
(Reuters) - A stream of bare-chested religious devotees step gingerly through metal detectors at the Sree Padmanabhaswamy temple in southern India as armed commandos with AK-47s guard perhaps one of the world's greatest treasures to surface in recent times.For months now, following a court order to prise open subterranean vaults sealed for centuries at the heart of sleepy Thiruvananthapuram, the capital of balmy Kerala state, shell-shocked experts have been coming to terms with the vast hidden hoard, estimated at one trillion Indian rupees, or $22 billion (13 billion pounds).In a nation where 500 million people are still mired in poverty, the find has been a revelation, stoking debate over how to best safeguard and use this newly discovered wealth at a time of financial uncertainty and modernisation across India.Put in a broader context, the find in the lush, spice-growing but relatively undeveloped Kerala, where infrastructure is patchy and per capita income lags richer northern states, could salvage the state's rickety finances, lift millions out of poverty and even help wipe out a quarter of India's overall fiscal deficit.The treasure, an accumulation of religious offerings to the Hindu deity Lord Vishnu, includes a four-foot high gold idol studded with emeralds, gold and silver ornaments and sacks of diamonds
Reuters
Please Log in or Create an account to join the conversation.
Less
More
-
Posts: 101088
-
Thank you received: 46
-
-
Less
More
-
Posts: 13012
-
Thank you received: 20
-
-
-
Forum
-
Political Opinions, Commentaries on Current Issues
-
THE CONVERSATION TREE
-
India temple treasure brings riches, challenges
Time to create page: 0.199 seconds