What action did the government take regarding the auction of 3 critical mineral blocks

The government scrapped the auction of 3 critical mineral blocks.
  • The government decided to scrap the auction of 3 critical mineral blocks.
  • This decision was made to review the process and criteria for selecting the bidders for these blocks.
  • This move was aimed at ensuring transparency and fair competition in the auction process.
  • The government stated that the decision to cancel the auction was taken to uphold the principles of natural justice.
  • There were concerns about the participation of certain entities in the bidding process, prompting the government to reassess the selection criteria.
  • By scrapping the auction, the government intended to address any potential issues and ensure a level playing field for all interested parties.
Answered 9 months ago
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