National Biodiversity Authority hits ₹200 crore milestone in benefit-sharing funds

The National Biodiversity Authority (NBA) has reached a total of ₹200 crore in payouts through India's Access and Benefit-Sharing (ABS) mechanism. The organization has approved the distribution of ₹8.23 crore to various states, linked to the commercial utilization of four specific vegetable crops: bitter gourd, chilli, okra, and onion. This initiative is designed to guarantee that local communities receive a share of the profits generated from the industrial use of biological resources.

by shortkt.com
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National Biodiversity Authority hits ₹200 crore milestone in benefit-sharing funds | ShortKT