Auction of resources rational option, apex court told
New Delhi, June 4 (IANS) The Centre for Public Interest Litigation (CPIL) told the Supreme Court Monday that auction was the only "rational and legal" way for allocating the nation's natural resources to private parties for commercial exploitation.
CPIL said this in its response to the presidential reference seeking opinion of the court whether the allocation of natural resources for commercial exploitation across all the sectors and in all the circumstances could only be done through auction.
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