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Saibaba Temple in Shirdi receives Rs 32 crores in Donations post Government’s demonetization step

Post demonitisation, the Saibaba Sansthan Trust has received a lump sum amount of around 31.73 cr in donations

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Sai Baba, Wikimedia

Shirdi (Maha), Dec 30, 2016: The Shri Saibaba Sansthan Trust at Shirdi  has received donations of  a sum of almost Rs 31.73 crore during the past 50 days post the government’s demonetization step, according to an official.

Sachin Tambe, one of the trustees of the Saibaba Sansthan said that these donations include Rs 4.53 crore in the scrapped Rs 500 and Rs 1,000 notes and Rs 3.80 crore in the new Rs 2,000 and Rs 500 notes denominations.

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During the last 50 days, the organization has received Rs 18.96 crore in donation boxes, Rs 4.25 crore, including Rs 2.62 crore through credit/debit cards, at its various donation counters, Rs 3.96 crore through bank demand drafts, Rs 1.46 crore in donations online and Rs 35 lakh through money orders, mentioned PTI.

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Cash donations were not all. The trust also received gold jewellery weighing nearly 2.90 kg worth around Rs 73 lakh and silver ornaments of 56 kg worth about Rs 18 lakh, he informed.

The trust also got Rs 3.18 crore from VIP devotees through darshan and aarti paid passes issued to them after November 8, Tambe mentioned.

In the last financial year, the famous Saibaba temple had received Rs 162 crore through donation boxes. This comes out to an average of Rs 44.38 lakh in a day.

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However, after demonetisation, the Sansthan received an average Rs 37.92 lakh donation in a day, Tambe added.

– prepared by Durba Mandal of NewsGram. Twitter: @dubumerang

Next Story

UNICEF Accepting Donations in Cryptocurrencies Ether and Bitcoin

If digital economies and currencies have the potential to shape the lives of coming generations, it is important that we explore the opportunities they offer.

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UNICEF, Donations, Cryptocurrencies
This is a new and exciting venture for UNICEF. Pixabay

The UN Children’s Fund (UNICEF) has now started accepting donations in cryptocurrencies ether and bitcoin through its newly-established UNICEF Cryptocurrency Fund.

The first contributions to the UNICEF Cryptocurrency Fund will be received from the Ethereum Foundation and will benefit three grantees of its Innovation Fund and a project coordinated by the GIGA initiative to connect schools across the world to the Internet.

“This is a new and exciting venture for UNICEF. If digital economies and currencies have the potential to shape the lives of coming generations, it is important that we explore the opportunities they offer. That’s why the creation of our Cryptocurrency Fund is a significant and welcome step forward in humanitarian and development work,” Henrietta Fore, Executive Director, UNICEF, said in a statement.

When the charitable organisation receives a cryptocurrency donation, it will not cash it out for a national currency.

UNICEF, Donations, Cryptocurrencies
The first contributions to the UNICEF Cryptocurrency Fund will be received from the Ethereum Foundation and will benefit three grantees of its Innovation Fund and a project coordinated by the GIGA initiative to connect schools across the world to the Internet. Pixabay

Instead, it will hold onto the bitcoin or ether and send the funds to a charitable cause in that same tender.

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The launch of the UNICEF Cryptocurrency Fund is part of the organisation’s ongoing work with Blockchain technology. (IANS)