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At a village in Madhya Pradesh, the post of Sarpanch or village head was given to the highest bidder. Villagers were unanimous - an auction, instead of an election, would do away with any "tension among aspirants".
Dubai’s open auction offers 100 fancy plates which yield Dh36m
FIMI debunks mine auction process; blames it for raw material shortage January 18, 2021 Revenue earned by state governments much less than forex spent on imports, says FIMI The Federation of Indian Mineral Industries has debunked the government projection of open auction of mines as the panacea for all ills plaguing the mining industry, and generating huge revenues for State governments through resource development. Following an analysis of the auction system of mines in the last 10 years, FIMI said the system has resulted in scare setting in among various industries about the availability o...