The Reserve Bank of India has declared a public holiday for money markets on Monday in connection with the Ayodhya Ram Temple consecration event.
In addition, public sector banks, insurance companies, financial institutions, and regional rural banks will observe a half-day closure on January 22 in connection with the event. On Thursday, the Department of Personnel and Training issued an order extending the half-day closure until 2:30 pm for all central government offices, central institutions, and central industrial establishments.
The order stated, “This is to inform that DoPT’s order in respect of Central Institutions and Central Industrial Establishments shall also apply to all Public Sector Banks/ Public Sector Insurance Companies/ Public Sector Financial Institutions and Regional Rural Banks to enable employees to participate in the Ram Lalla ‘Pran Pratishtha’ celebrations.”
The decision to grant a day off nationwide was made by the department in response to numerous requests from employees wanting to participate in the ceremony. A government official mentioned, “Various activities have been planned by organizations and groups of people across India and abroad to coincide with the ceremony.”
The ‘Pran Pratishtha’ ceremony of Lord Ram is scheduled for January 22 (Monday) in Ayodhya. Plans have been finalized to broadcast the ceremony live on large screens in public locations in India and abroad. The ceremony will also be streamed live at the iconic Times Square in New York City.
The idol of Lord Ram to be consecrated is a 51-inch Krishna Shila (black stone) statue, chosen for its childlike attributes. Adorned with a sacred thread (Yagopavit), the idol will be placed on a lotus-shaped platform within the temple’s Garbh Grah (sanctum sanctorum). The previous Ram Lalla statue, venerated for decades at the makeshift temple, will be positioned in front of the new idol and referred to as ‘Utsav Ram.’
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