Several mementos to PM fetch 200 times of base price at auction
New Delhi: The National Gallery of Modern Art has concluded the auction of more than 1,800 mementos received by PM Narendra Modi during his tenure.
While the NGMA did not announce the proceeds collected through the auction — funds that will be pumped into the government’s Namami Gange campaign to clean the Ganga — a government statement said several mementos were sold at more than 200 times their base prices.
Among the top-selling items was a handcrafted wooden bike and a painting of Modi on a railway platform, both of which sold for Rs 5 lakh each.
Other prominent items included a Shiva statuette with a base price of Rs 5,000, which was auctioned for as much as Rs 10 lakh and a wooden replica of the Ashok Stambh that sold for Rs 13 lakh.
A statement issued by the PMO said a traditional ‘Horai’ received from Majuli, Assam, sold for Rs 12 lakh, and a statue of Gautam Buddha was auctioned for Rs 7 lakh.
The fortnight-long process of auctioning mementos received by Narendra Modi concluded on Saturday after a two part process – a two-day physical auction at the NGMA, and an e-auction through a specially-designed website till February 9.
Over 1,800 mementos were auctioned during this period, a statement by the PMO said. The government also said Modi had auctioned mementos received by him as chief minister of Gujarat and used the proceeds to educate girl children.
Top-selling items included a handcrafted wooden bike (in pic) and a painting of PM Narendra Modi on a railway platform, both of which sold for Rs 5 lakh each