Cash crunch slackens upcoming Buddhist festival

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Gaya, Dec 28 (ANI): Preparations for a Buddhist ceremony, the 34th Kalachakra ritual, have slacked due to the cash crunch in the holy city of Gaya following the government’s demonetisation move. The Kalachakra ritual, an esoteric but very important Buddhist rite for activating dormant enlightenment, is scheduled to take place from January 3-14. To mitigate the plight of cash strapped believers, the administration said it has planned to take the help of banks. Shopkeepers, however, have been disappointed by the forecast of a slump in business. Tibetan spiritual leader, the Dalai Lama will begin the ceremony at the Mahabodhi temple followed by prayers.

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