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Financial Crisis: Pala diocese selling off landed property


Kottayam: Owing to severe cash crunch crisis, Pala Diocese is selling off its plots at eight places. The diocese decided to sell the property measuring five acres to repay the liabilities including bank loans.

The diocese published the intention of sale advertisements on Sunday. 26 cents of land opposite Pala Bishop House, 1.62 acres of land adjacent to Kottaramattam-Kuruvilangad road and 58 cents of land near Alphonsa College are the major plots among those which are listed for sale.

The advertisement has been  published on behalf of Pala Bishops House Procurator.

It is learnt that the construction and operation of Mar Sliva Medicity Super Speciality Hospital, started in Cherpunkal recently, have caused in considerable financial liabilities for the diocese.

The hospital needs Rs. 3.5 crore per month to meet expenditure including salary. As the hospital has not passed the initial stage, income has not levelled expense.

Crores of rupees were spent towards the building, equipment and other items for the hospital. The priests and believers say that the expenses towards the hospital have put the diocese in straits. The church is selling the property to repay the liabilities.

The believers have come out strongly against the move in social media. Earlier, the church had sold a property in Tamil Nadu to source funds for the construction of the hospital.

Medicity was mentioned in the pastoral letter read out in the churches before the preparations towards Lent. The letter has called upon the believers to donate the money, saved through sparing fish and meat during Lent, to Medicity. Medicity became fully operational only weeks ago.

Earlier, the sale of land of Ernakulam-Angamaly diocese had become a controversy inside and outside the church. A case was registered against Cardinal Mar George Alancherry in this regard.

Meanwhile, the leadership, who claimed that the diocese has no significant financial liabilities, said that land sale is intended to meet the liabilities of the church. The sale was decided after it was assessed that the small plots cannot be used effectively, they said.

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