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The India Government Mint, Kolkata was first established in 1757, [2] and was located in a building next to the Black Hole in the old fort – where the GPO (General Post Office) stands today. [3] It was called the Calcutta Mint and used to produce coins with the mint name Murshidabad .
2014 - Started e-auction of iron ore in Goa and red sanders wood in Andhra Pradesh. [6] 2015 - E-auction of coal mine blocks [7] and regassified LNG. [8] 2016 - Developed e-bidding platform under DDUGJY & IPDS, DEEP and allocation of marginal oil field. [9] 2017 - Developed ERAKAM portal to provide e-auction platform to sell agriculture produce ...
A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority. [1] [2] [3]
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The first telecom spectrum auction in India was held in 1994. Auctions were held again in 1997, 2000, and 2001. Spectrum in the 900 MHz band was auctioned in all these years except 2001, while 1800 MHz band spectrum was auctioned for the first time in 2001. Following the 2001 auction, the government abandoned the practice of auctions in favour ...
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The Guwahati Tea Auction Centre (GTAC) is one of the busiest tea trading facilities in the world. It is located in Guwahati and its primary commodity under the hammer is Assam tea. [1] It was established in 1970. It has seen the largest volume of CTC tea auction in the world.
India has a quasi-federal form of government, called "union" or "central" government, [48] with elected officials at the union, state and local levels. At the national level, the head of government , the prime minister , is appointed by the president of India from the party or coalition that has the majority of seats in the Lok Sabha .