1 week ago
India’s Biodiversity Authority Releases Rs 2.82 Crore Under ABS
India has a system for sharing money earned from using its plants, animals, and other biological resources.
This system is called Access and Benefit-Sharing, or ABS.
The National Biodiversity Authority gave about Rs 2.82 crore to biodiversity bodies in states and Union Territories.
The money came from a company that used biological resources connected to vegetable hybrids.
Because the original farmers or communities could not be identified, the money was divided among regions where the crops are grown.
The funds can support biodiversity records, conservation, ecosystem restoration, and local community livelihoods.
A separate payment came from Sumitomo Chemical India for using two microbial strains from a public research institute.
Thirty percent of that payment, or Rs 2.01 lakh, is being given to the institute.
The National Biodiversity Authority disbursed Rs 2.82 crore under India’s Access and Benefit-Sharing mechanism.
Rs 2.80 crore went to 27 State Biodiversity Boards and three Union Territory Biodiversity Councils.
The funds came mainly from Advanta Enterprises Ltd for biological resources used in several vegetable hybrids.
Gujarat, West Bengal and Madhya Pradesh were among the largest recipient states.
The NBA is also releasing Rs 2.01 lakh to ICAR-IIHR from a separate ABS payment linked to two microbial strains.
- Who
- The National Biodiversity Authority, State Biodiversity Boards, Union Territory Biodiversity Councils, ICAR-Indian Institute of Horticultural Research, and the contributing companies.
- What
- The NBA disbursed Rs 2.82 crore under the Access and Benefit-Sharing mechanism and separately allocated Rs 2.01 lakh to ICAR-IIHR.
- Where
- The funds were distributed across 27 Indian states’ biodiversity boards and three Union Territory councils, with ICAR-IIHR receiving funds in Karnataka.
- When
- The disbursement was announced on Saturday; the articles do not provide a specific calendar date.
- Why
- The payments were made for the utilisation of biological resources, with the funds intended for conservation, biodiversity management, and related community activities.
Key facts
- Total disbursement announced
- Rs 2.82 crore under the ABS mechanism
- State and Union Territory allocation
- Rs 2.80 crore to 27 State Biodiversity Boards and three Union Territory Biodiversity Councils
- Primary contributing company
- Advanta Enterprises Ltd, formerly UPL Limited, paid Rs 2.94 crore
- Biological resources involved
- Hybrids of cauliflower, hot pepper, okra and tomato
- Largest listed state allocations
- Gujarat: Rs 44.59 lakh; West Bengal: Rs 41.24 lakh; Madhya Pradesh: Rs 32.73 lakh
- Separate institute allocation
- Rs 2.01 lakh to ICAR-Indian Institute of Horticultural Research from a Rs 7.15 lakh payment by Sumitomo Chemical India Ltd
- Use of state-level funds
- Biodiversity registers, conservation, ecosystem restoration, Biodiversity Heritage Sites, committee training and community livelihood enhancement
Sources
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