Finances of Tirumala Tirupati Devasthanams

A modest attempt is made to study the finances of the Tirumala Tirupati Devastnam .The study is organanasied into seven chapters. The first chapter deals with the significance of finances of temples. The TTD comes next to Vatican in term of finances, and pilgrims¿. The financial administration in the TTD is provided in terms of Trust Board, Executive Officer, Financial Advisor and Chief Accounts Officer, preparation and approval of budget, finance code and so on. The income of the TTD in respect of sources, magnitude and trend in growth is analyzed. The objects, pattern and trend in the progress of expenditure is evaluated. The current monitory figures are deflated and stated in constant terms so as to eliminate the effect of inflation. The excess of income over expenditure, composition of assets, investment pattern and unit cost of pilgrim are assessed in terms of current and constant prices. The significance of Srivari Temple among the temples managed by the TTD is highlighted. The TTD manages more than 30 educational institutions imparting vedic, sculpture, elementary, medical, higher etc. The suggestions were made to strengthen the deficiencies in the management of finances.