State to auction 1,051 tonnes of red sanders

Forests and Environment Minister Sidda Raghava Rao on Tuesday said the government decided to auction 1,051.917 tonnes of redsanders in August. The Minister said the 11th phase of the auction would be conducted in three cycles. The government would invite global tenders for the same. The first cycle would be conducted on August 14, the second cycle on August 21, and the third on August 28. The process of each cycle would be completed in one day compared to two days previously, he said.

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