Saturday, July 9, 2011

A $22 Billion Question for India - What to Do With a Treasure?

Temple Tower during LakshaDeepam FestivalImage via WikipediaA $22 Billion Question for India - What to Do With a Treasure? - NYTimes.com:

"But here in Thiruvananthapuram, the capital of Kerala formerly known as Trivandrum, many people — including the state’s top elected official, Hindus and the royal family that once ruled this part of India and still oversees the temple — argue that the treasure should remain, largely untouched, at the Sri Padmanabhaswamy temple where it has been housed for centuries.

Their attitude partly reflects a suspicion that public officials entrusted with large sums of money will pocket much of it and mismanage the rest. Recent scandals, including one involving telecom licenses that cost the government an estimated $40 billion, have reinforced that cynicism."


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