Ayodhya event: RBI declares market holiday on Jan 22
PTC News Desk: In anticipation of the Ayodhya Ram Temple consecration event, the Reserve Bank of India (RBI) has officially declared a public holiday for money markets on Monday, January 22, 2024, under the Negotiable Instruments Act, 1881. This move is aimed at allowing participants to partake in the significant ceremony.
Furthermore, 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. The Department of Personnel and Training's order, issued on Thursday, emphasizing the half-day closure, is extended to these entities.
The decision to grant a holiday aligns with the department's recognition of numerous employee requests for time off to participate in the Ram Lalla 'Pran Pratishtha' celebrations. A government official emphasized the multitude of activities planned by organisations and groups across India and abroad to coincide with the ceremony.
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The 'pran pratishtha' ceremony of Lord Ram, scheduled for January 22 (Monday) in Ayodhya, will witness the consecration of 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). As part of the ceremony's global reach, plans are finalized to broadcast it live on large screens in public locations in India and abroad, including the iconic Times Square in New York City.
Additionally, the article notes that the previous Ram Lalla statue, revered 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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(Inputs from agencies)
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