What would be the best way for India to handle this 22(+)billion dollars?

1. Spread money to Indian people?
2. Return to Hindu temple?
3. Return to formal royal family?
4. Buy more weapons for defense industry?
5. Build several world class universities?

Indian officials report that a huge treasure has been found in a Hindu temple. It is in southern Kerala state, near the tip of the subcontinent. The temple was dedicated to the god Vishnu, and the foundation of the current tower was laid beginning in 1566. Devotees had been donating to the vaults for hundreds of years.
Among the discoveries was an ancient gold idol of Lord Vishnu studded with precious diamonds and emeralds. Sources said its value could not be assessed due to its antiquity. There were also human figurines made of pure gold, each weighing 1 kg as well as 18-foot-long jewelery weighing 35 kg used to adorn the deity. Bags of coins and precious stones were also found in the chamber marked A.
The AFP news agency quoted Kerala Chief Secretary K. Jayakumar as saying the find had been estimated as worth more than $11 billion. He said archaeologists would examine the discovery in detail to determine its actual value. The AFP reported the treasure was found in at least five underground vaults of the Sree Padmanabhaswamy Temple. One more secret chamber will be opened. It has not been opened for nearly 140 years.
The seven-member panel, which is drawing up a list of assets in a Hindu temple, had a feel of the lost city of gold as they set foot in one of the two secret vaults located inside the sprawling granite structure, which gives the Kerala capital its name.
On Thursday, the team assisted by firemen and archeology department opened the locks of vault A to find a narrow flight of stairs leading down to an underground granite cellar. Oxygen was pumped frequently into the chamber and artificial lighting provided to enable the observers to work inside.
Since India’s independence from Britain in 1947, the temple has been controlled by a trust managed by descendants of the Travancore royal family.But the Supreme Court recently ordered that the temple be brought under state control. The news of the treasure has prompted a heightened police presence, Kerala director general of police Jacob Punnoose told AFP that a commando force for security was in the planning.

 

I think the best approach is to invest the money into education. Keep some priceless treasure to museum and auction the rest.

 

Keep the treasure that way and south india is something and indians will not be allowing others to touch it.It would be better they judiciously use the existing resources

 

Wealth belongs to the legally constituted trust. If govt takes, it will be usurpation.

What is 1 lakh crore, compared to 1.65 l crore 2G scam or 60,000 crore CWG scam? Pales into insignificance compared to vast wealth stashed in Swiss banks. Get that, all problems can be solved. Eradicate corruption, most problems vanish.

Come on. Loan waiver of farmers cost about 1 l crores. Now the loans are again of that order. They took loans right and left, knowing they would be wiaved. This treasure may not be enough for one such waiver.

Buy fighters, which will crash within 20 years. World class univ in India? La la. Such universities are not riddled by caste based reservations. We had world class IITs. HAD, no longer have.

As for assets. Take over wakf assets and parish assets. Much more can be had by selling the. Taj Mahal alone might fetch 50,000 crores. Sell the two red forts. Easily convertible into 7 star hotels. They would be snapped up for any price.

Sell that temple too. Know its worth?

Sixth vault is heavily reinforced with stell and is part of the foundations. If it collapses, as it is not easy to open, the temple itself might collapse. But be cherred. Even the bricks and stones can be sold for a tidy sum.

 

WTF!!

 

it should be spent on improve our dissmal health service and primary education and also for building basic infrastructure in rural areas.but it have to be done by local ngos or elected local body members otherwise the whole money will be siphoned up by corrupt beaurocracy

 

No touching the Temple wealth which is the Lord's property for anything.

It is upto the Temple Trust to decide what they want to do with the assets, not any one else.

 

Its not 11 billion dollars, its more than 22 billion dollars and still counting. Put in the antique value for precious jewels and figurines, and that amount should be at least three times the current face value of this wealth.

 

give all the money to me at once..

 

The Temple trust headed by the erstwhile Maharaja of Travancore is already there and its the body running the temple. Let the treasure be with them only and they utilize it as they see fit in accordance with the traditional Hindu customs and temple laws.

 

Agree with the first part, but why ridiculing UP/ Biharis? Was this needed?

 

LOL...you exclude UP , Bihar but include your state ....very smart.....Should not it be for people of Travancor only.....Let others search for treasure in their respective areas....

 

Managing daily activity and charity works in a temple is one thing and managing 1 L Cr asset is different thing. To follow your suggestion they need to seal the chambers again....

 

I have no problem as long as the assets are managed as per traditional Hindu laws and customs (not Indian 'secular' laws) , whatever steps they may be.

He said South Indian which includes all the four states, though I agree that this treasure is not anybody else's except the Lord Padmanabhaswamy Temple trust.

 

this makes me think of what China's revolution was about - distribute lands and wealth of landlords and temples to the havenot's (90% of total population) and set them free (spiritually)

 

IN a single line - Indians and Chinese are different. A step that worked there need not necessarily work here.

 

The wealth of a nation is its people not its treasure inventory. The treasure and seal the treasure back in the chambers again the temple wealth is a liability and a potential gun powder barrel