The temple of Money: How Ayodhya in 2024 will prove to be an economic Boost


The Ram Mandir at Ayodhya: A Catalyst for Inclusive Development

1. The Inclusive Impact: Temples and Development Unite

In the past, temples and development were often viewed as incompatible, but the construction of the Ram Mandir in Ayodhya challenges this notion. The temple is emerging as a symbol not only of religious significance but also as a driver for business and economic growth.

2. Prime Minister’s Vision: Ayodhya as a Development Hub

Prime Minister Narendra Modi, in a recent public address in Ayodhya, emphasized the integral role of the temple in propelling India towards development. With over Rs 15 thousand crore allocated for infrastructure projects, Ayodhya is set to become a focal point for modernization, putting it proudly on the national map. The temple, therefore, serves as a catalyst for broader development initiatives.

3. Beyond Religious Significance: Ayodhya’s Developmental Momentum

In addition to the temple complex, Ayodhya has secured funding for various developmental and infrastructural projects. These endeavors not only enhance tourism within the city but also position Ayodhya as a regional growth hub, fostering business and economic activities in the surrounding areas through improved connectivity.

4. Transformative Tourism: Ayodhya’s Role in Regional Economic Revitalization

The collective impact of the temple complex and associated development projects is poised to transform Ayodhya into a mega tourist city of global standards. This transformation is expected to attract a substantial number of tourists daily, revolutionizing the economies of neighboring districts and establishing Ayodhya as a regional economic powerhouse.

Rs 85,000 crore construction

Ayodhya’s Grand Transformation: Master Plan 2031 and the Ram Temple Catalyst

1. Visionary Redevelopment: Transforming Ayodhya for the 21st Century

The redevelopment of Ayodhya, aligned with Master Plan 2031, is set to unfold over a decade with an impressive investment exceeding Rs 85,000 crore. This ambitious initiative aims to elevate the holy city to meet the demands of a daily footfall of around 3 lakh individuals, especially in the wake of the imminent inauguration of the Ram Temple.

2. Comprehensive Master Plan: Unveiling the Scope

The visionary plan encompasses the identification of infrastructure and tourism development within the Ayodhya Development Authority Area, spanning 875 sq km. This includes the existing master planned city area of 133 sq km and the core city of 31.5 sq km. Architect and urban planner Dikshu Kukreja, leading the effort, highlights a design vision that seamlessly integrates modern amenities while celebrating the rich history and culture of this ancient city.

3. Impressive Investment and Tourist Potential

With estimates suggesting a 1:10 ratio of residents to tourists upon completion, Ayodhya is poised to become a pilgrimage and tourist hotspot. The greenfield township will incorporate facilities such as state guest houses, hotels catering to various preferences, and commercial complexes to meet diverse requirements, affirming its potential to attract a multitude of pilgrims.

4. Collaborative Effort: Multi-Agency Approach

A total of 37 state and national agencies are collaborating to revitalize Ayodhya, with a substantial budget of Rs 31,662 crore. Notable contributors include NHAI, spearheading projects worth Rs 10,000 crore, and the UP government’s public works department, undertaking 34 projects valued close to Rs 7,500 crore. The overhaul includes critical upgrades in airport, railways, and highways, key components in the city’s transformation.

5. Thematic Framework for Development: Shaping Ayodhya’s Future

The development and infrastructure projects are organized into eight overarching themes: Aesthetic Ayodhya, Clean Ayodhya, Efficient Ayodhya, Accessible Ayodhya, Experiential Ayodhya, Modern Ayodhya, Cultural Ayodhya, and Healthy Ayodhya. This thematic framework underscores a holistic approach, aiming to create a city that not only boasts modernity but also preserves and enhances its cultural and historical significance.

Ram Temple’s Ripple Effect: Economic Boom and Business Surge in Ayodhya

1. Economic Expansion Prospects: Ayodhya’s Transformation into a Regional Hub

Chairperson of the Shri Ram Mandir Construction Committee, Nripendra Mishra, foresees a surge in economic activities in the areas surrounding Ayodhya post the Ram temple’s inauguration. Drawing parallels with the National Capital Region, Mishra anticipates economic opportunities and increased investments, citing 16 applications for hotel construction and an ongoing plan for a smart city.

2. Corporate Interest and Strategic Investments: FMCG Companies Flock to Ayodhya

FMCG companies and food service chains are positioning themselves strategically ahead of the Ram temple consecration on January 22. Executives predict an 8-10 fold surge in tourism and a substantial increase in the floating population of the city. Companies like Bisleri International are establishing greenfield plants to cater to heightened consumer demand in Ayodhya and surrounding markets.

3. Tourism Boom: Historical Significance Driving Demand

Historically significant places naturally attract increased demand. Data from the UP Tourism Department reveals a remarkable surge in tourist numbers, from 325,000 in 2021 to 23.9 million the following year. This surge is expected to further intensify with the consecration of the Ram temple.

4. Culinary Landscape: Adaptations for Diverse Preferences

As Ayodhya becomes a global tourist destination, food service chains are adapting to diverse preferences. Some are establishing vegetarian-only outlets to cater to religious sentiments, while others are setting up outlets on the city’s outskirts to continue serving non-vegetarian cuisine for a broader international audience.

5. Hospitality Industry Frenzy: Leading Brands Set to Open New Hotels

From 5-star giants like Taj, Radisson, and ITC Hotels to budget players like OYO, a wave of hotel openings is underway in Ayodhya. Major players such as the Tata Group’s Indian Hotels Company Ltd (IHCL) and Radisson have plans for new properties. ITC Hotels is also exploring opportunities to meet the projected demand of 4 crore annual visitors by 2031 under the Ayodhya Master Plan 2031, doubling the current visitor count.

6. Ayodhya’s Economic Powerhouse Potential: Business Boost for the Entire Region

With a projected influx of 4 crore visitors annually by 2031, Ayodhya is poised to become an economic powerhouse, significantly impacting business and the overall economy in the entire region. The city’s transformation is set to reverberate beyond its borders, establishing it as a key player in the regional economic landscape.

when is the inauguration of Ram Mandir?

January 22, 2024. ie Monday

where is Ayodhya located?

In Uttar Pradesh

What is the cost of the Ram Mandir in Ayodhya?

The Sri Ram Janmabhoomi Teerth Kshetra Trust, overseeing the construction of the temple, initially projected the cost at Rs. 1,800 crore, which is approximately $220 million. This estimate encompasses various factors such as construction expenses, material costs, machinery, labour, and other administrative expenditures.

What are the Ayodhya Ram Mandir Darshan timings?

The temple will be open for darshan from 7:00 a.m. to 11:00 a.m. in the morning and from 2:00 p.m. to 6:00 p.m. These darshan timings will remain consistent throughout all seasons, including both summer and winter.

Who made the Ram Mandir statue?

The idol of ‘Ram Lalla’ carved by Karnataka’s renowned sculptor Arun Yogiraj will be installed in the Ram temple in Ayodhya on January 22.

Which company built Ram Mandir?

The Ram Janmabhoomi Teerth Kshetra general secretary, Champat Rai, revealed that the construction plan for the Ayodhya Ram temple was discussed with Larsen & Toubro (L&T) over 15 years ago. The construction agency had promised to build the temple.

Is L&T constructing Ram Mandir for free?

Yes, Larsen & Toubro (L&T) is indeed constructing the Ram Mandir in Ayodhya free of charge. They volunteered their services for the design and construction of the temple back in 2020, and their offer was accepted by the Shri Ram Janmabhoomi Teerth Kshetra Trust.

How to donate for Ayodhya Ram Mandir?

If you want to donate, then you can simply transfer the money to the official account of Shri Ram Janmbhoomi Teerth Kshetra, the trust overseeing the construction work of the Ayodhya Ram Temple, through the Unified Payments Interface (UPI). The Trust has made arrangements for online donations via its official website.

What is the size of Ram Mandir?

Total Area: 2.7 Acres
Total Built-up Area: 57,400 sq. ft. The total length of the temple: 360 feet Total width of the temple: 235 feet
The total height of the temple including the peak:161 feet Total number of floors: 3
Height of each floor: 20 feet
Number of columns on the ground floor of the temple: 160
Number of columns on the first floor of the temple: 132
Number of columns on the second floor of the temple: 74
Number of peaks and pavilions in the temple: 5
Number of gates in the temple: 12

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