AP plans to auction seized red sanders; state eyes Rs 3000 cr revenue
3 years, 4 months ago

AP plans to auction seized red sanders; state eyes Rs 3000 cr revenue

Deccan Chronicle  

Tirupati: Eyeing a hefty revenue of Rs 3,000 crore, the AP government is contemplating auctioning of around 5,700 tonnes of seized red sanders logs by inviting global tenders on an electronic platform. The sale of seized red sanders logs cut by smugglers in Seshachalam forests will be done after necessary approvals. The former state governments sold 1,251 tonnes of ‘A’ grade logs in 13 phases between 2014-15 and 2018-19 and earned around Rs 505 crore. Apart from the auction in April, logs weighing 8,498 tonnes which include A, B, C grades have been sold out till date and it fetched more than Rs 1,700 crore.

History of this topic

Rs 3.70 crore-worth red sanders logs seized, 7 arrested in Tirupati
1 year, 4 months ago
Red sanders logs worth Rs 50 lakh seized, six held
1 year, 5 months ago
Red sanders logs worth ₹4 lakh seized in Ranipet town
1 year, 8 months ago
53 red sanders logs worth Rs. 1 crore seized
3 years, 3 months ago

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