TTD Chairman Y V Subba Reddy said the board has been incurring a loss of ₹200 crore per month, ever since the temple was closed after the Centre imposed a nationwide lockdown on March 24 in a bid to prevent the spread of COVID-19.
Incidentally, TTD had implemented entry curbs to the temple from March 20 itself as a precaution, he said.
"Despite severe financial constraints, TTD would be in a position to manage (full) salary payments to all its permanent staff and outsourced workers, and pensioners for the next two or three months," Reddy told .
The TTD Board is expected to meet its requirements from alternative sources of income like fixed deposits, which yield a whopping ₹700 crore annual interest, a temple official said.
It has ₹12,000 crore in FDs in various nationalised banks which ensure the said returns.
He added the board had in February approved budget proposals envisaging a total revenue of about ₹3,310 crore during the fiscal year and of this cash offerings made by devotees were projected to be ₹1,351 crore.
About 2.5 crore devotees throng the temple annually, the official added.
Though the 2000 year-old shrine remains closed inline with the national lockdown, all rituals are being conducted uninterruptedly and flawlessly by the priests, Reddy said.
Besides being involved in many charitable activities, TTD has several educational institutions and health care facilities under its control to serve the needy public and these aspects are also being taken care of, Reddy added.
The Centre had earlier extended lockdown, scheduled to end on May 4, by another two weeks.