From UPSC perspective, the following things are important :
Prelims level : eBkry Portal
Mains level : Not Much
Union Finance Ministry has recently launched the eBkry e-auction portal.
- To enable online auction by banks of attached assets transparently and cleanly for the improved realization of value, eBक्रय is launched.
- It is framework for promoting online auction of assets attached by the banks.
- It is equipped with the property search features and contains navigational links to all PSBs e-auction sites.
- The framework aims to provide single-window access to information on properties.
- eBkry also contains photographs and videos of the properties uploaded on the platform.