
The National Biodiversity Authority (NBA) has collected 2.40 crore rupees under the Access and Benefit-Sharing (ABS) framework in the last 45 days. The Ministry of Environment, Forest and Climate Change stated that this amount was received from entities in the seed, animal feed, and cosmetic sectors for activities related to research and commercial use of biological resources. The ministry added that under this framework, benefits will be shared with relevant institutions, local communities, farmers, Biodiversity Management Committees, and others. The ministry further stated that this system will support livelihood enhancement along with the conservation and sustainable use of biodiversity at the grassroots level.