New Delhi, Feb. 13 -- The National Biodiversity Authority (NBA) has realised Rs 2.40 crore under the Access and Benefit-Sharing (ABS) framework over the past 45 days, reinforcing its mandate to conserve biological resources and ensure equitable sharing of benefits arising from their commercial and research use.

The amount was received from 10 applications involving research and commercial utilisation of biological resources by entities in the seed, animal feed and cosmetic sectors.

A substantial portion Rs 2.30 crore was realised from Pioneer Overseas Corporation for the commercial use of mustard and rice hybrids. Additional contributions were received from East West Seeds India Pvt. Ltd., Advanta Enterprises Ltd., Tokita Seed India Pvt...