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Govt Uses E-Auctions to Ease Onion Crisis
10 Nov
Summary
- Over 3,200 metric tonnes of onions sold through digital auctions.
- Government agencies NAFED and NCCF utilized e-auctions.
- Auctions held in Delhi NCR, Guwahati, Ranchi, and Kolkata.
As of November 10, 2026, government agencies have utilized digital auctions to sell more than 3,200 metric tonnes of onions. This initiative by NAFED and NCCF aims to improve market availability and control price increases following a rise in onion costs since July 2026.
mjunction Services facilitated these e-auctions across major consumption centers including Delhi NCR, Guwahati, Ranchi, and Kolkata. The process involved mobilizing buyers, ensuring transparent bidding, and managing payments and stock collection efficiently, which is crucial for perishable items.
The digital platform allowed registered traders to participate in competitive bidding, fostering market-based price discovery and maintaining transparent transaction records.mjunction also extended its agricultural eAuction services to sugar for the Haryana State Cooperative Supply and Marketing Federation, demonstrating its growing capabilities in commodity sales.
