Vigilance Criticizes Kochi Metro for Auction Lapses in Commercial Spaces
The vigilance wing has criticized Kochi Metro Rail Limited for conducting auctions of commercial spaces without advertisements and lacking transparency. Most auctions attracted only a single bidder. The vigilance noted that changes in base rates and Earnest Money Deposit (EMD) conditions discouraged potential bidders and created perceptions of unequal treatment among existing vendors.
The Hindu··Kochi



