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India to Auction 20 Critical Minerals on Nov 29

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By Rediff Money Desk, NEWDELHI   Nov 28, 2023 13:11

India's first auction of critical and strategic minerals, including 20 blocks, will take place on November 29, aimed at boosting economic growth and national security.
India to Auction 20 Critical Minerals on Nov 29
Photograph: Steve Marcus/Reuters
New Delhi, Nov 28 (PTI) The government will launch the first round of auction of critical and strategic minerals on Wednesday putting 20 blocks under the hammer.

Twenty blocks of critical and strategic minerals being put on sale are spread across the country, an official statement said, adding that critical minerals are important for the country's economic development and national security.

"This is a landmark initiative that will boost our economy, enhance national security and support our transition to a clean energy future," the mines ministry said in a statement on Tuesday.
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