e-auction Current Affairs - 2020

Food Corporation of India sets record: Movement of 1.93 lakh tonnes of grains in one day

The Food Corporation has made sure that there is no disruption in the supply of essential goods to the citizens since the lock down. Abiding to its determined goal of serving the citizens, the FCI has set a new record. It has moved about 1.93 lakh tonnes of food grains in a single day on Read More…

Food Corporation of India conducts E-Auction to meet goals of Pradhan Mantri Garib Kalyan Ann Yojana

On April 2, 2020, the Food Corporation of India is to conduct Open Market Sales Scheme to ease the supply of Food Grains in the market. This is being done to ensure uninterrupted supply of rice and wheat in the country during the lock down period Highlights The Food Corporation of India operating under Ministry Read More…

Finance Minister launches ‘eBkray’ auction platform for assets attached by banks

Union Finance Minister Nirmala Sitharaman has launched eBkray or eBक्रय,  an common e-auction platform to enable online auction of attached assets transparently and cleanly for the improved realization of value by banks. The e-auction platform is now linked on Indian Banks Auctions Mortgaged Properties Information (IBAPI) portal and guidelines have been made available. About eBkray Read More…

Parliament passes Coal Mines (Special Provisions) Bill, 2015

Parliament has passed Coal Mines (Special Provisions) Bill, 2015. It was first passed in Lok Sabha on 4 March 2015 and later in Rajya Sabha on 20 March 2015. This bill will replace the Coal Mines (Special Provisions) second ordinance, 2014. Key highlights of Bill The bill has provisions for allocation of coal mines through Read More…

Maharashtra government makes e-auction mandatory to bring transparency

Maharashtra government has made e-auction mandatory from 1st of January 2015 in order to bring in more efficiency and transparency in the system of auction. In this regard state government has recently issued Government Resolution (GR) for implementing e-auction system in all government offices, urban and rural local bodies and public undertakings, with a reserve Read More…