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flag India conducts first e-auction of offshore mineral blocks to boost self-reliance and attract investment.

flag India held its first e-auction of offshore mineral blocks, aiming to boost self-reliance and attract foreign investment. flag The auction includes 13 sites off the coasts of Kerala, Gujarat, and the Great Nicobar Islands, offering minerals like sand, lime mud, and polymetallic nodules. flag The auction follows an amendment to a 2002 act to introduce a transparent bidding process for offshore resources.

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