Mjunction ties up for e-auction of onion and sugar
In short
Mjunction has tied up with government agencies to run digital e-auctions for items such as onion and sugar to help check price rise.
The move is meant to support price control through online sales of commodities.
What the reporting says
Mjunction tied up with government agencies for digital e-auction of commodities including onion and sugar to help control price rise. The move was reported as part of a wider push to use online auctions for commodity sales. The development comes amid concern over inflation and supply management.
Why it matters
Mjunction tied up with government agencies for digital e-auction of commodities including onion and sugar. The reported aim is to help control price rise through online sales.