India, June 20 -- The Government of India has issued a release:
India's Access and Benefit Sharing (ABS) framework under the Biological Diversity Act, 2002 has mobilized more than Rs 266 crore towards benefit sharing and disbursed around Rs 145 crore to beneficiaries, demonstrating the country's leadership in ensuring fair and equitable sharing of benefits arising from the utilization of biological resources and associated knowledge.
The National Biodiversity Authority (NBA) has realized over Rs 266 crore through the ABS mechanism since 2008, including Rs 21.26 crore during FY 2025-26. With an average annual realization of Rs 14.75 crore, the steady increase in collections reflects growing industry participation and compliance, reaffirmin...