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From State Gifts to Public Wealth: Inside India’s Historic Toshakhana E-Auction

by On The Dot
June 27, 2026
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From State Gifts to Public Wealth: Inside India’s Historic Toshakhana E-Auction

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In a landmark move aimed at enhancing transparency and public participation, the Ministry of External Affairs has launched an e-auction of nearly 300 priceless diplomatic gifts preserved in the government’s Toshakhana. For the first time, citizens are being given the opportunity to bid for items once received as symbols of international diplomacy.

The collection includes a wide range of luxury and historically significant items such as Rolex watches, gold and silver jewellery, silver daggers, decorative artefacts, and other rare collectibles. These gifts were originally received by senior Indian representatives during official foreign visits and diplomatic engagements, reflecting years of international exchange and goodwill.

The government has described the initiative as part of a broader reform under the revised Toshakhana Rules, 2024, aimed at ensuring a more transparent and structured system for handling such gifts. Through the e-auction platform, citizens from across the country can participate in the bidding process directly.

The items have been listed with reserve prices ranging from a few thousand rupees to several lakhs, depending on their rarity, condition, and historical or artistic value. The entire process is being conducted online to ensure wider accessibility and fair participation.

Officials have stated that the proceeds from the auction will be credited to the Consolidated Fund of India and used for public welfare purposes.

Beyond its economic aspect, the initiative represents a significant shift in policy—transforming diplomatic memorabilia from restricted government holdings into publicly accessible assets. It marks a new chapter in how state-owned treasures are managed, emphasizing transparency, accountability, and citizen engagement.

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