India is planning to auction off more than 2,500 pieces of jewellery worth around Rs.2,000 crores including the diamonds, rubies and rubies stones.
The government has put the price tag of the jewellery on offer at the auction of the auction house at the end of this month.
It will include all diamonds, gems and rubis stones in the world.
In addition to the two gold, platinum, and palladium pieces, the government is also looking at the pieces of gold, silver and other precious metals and precious stones.
These are the most valuable pieces of precious metals in the country, and they are also being sought for the government by the jewelleries to sell to the public.
The auction of jewelry will take place in three phases, starting with the auctions of gold and silver.
The gold auction is to start on April 25.
In the meantime, the auction will continue till May 25.
The jewellery auction will be held in May as well.
The auctions of precious stones are expected to be held from April 25-May 25, while the gold auction will commence from June 25.