NBA Allocates Rs 2.02 Crore from ABS Funds for Biodiversity and Community Support
The National Biodiversity Authority (NBA) has allocated Rs 2.02 crore from Access and Benefit-Sharing (ABS) funds to support biodiversity conservation and community well-being across 27 states and 3 Union Territories in India. This funding comes from contributions made by seed-sector companies, including East West Seeds India Pvt. Ltd. and Syngenta India Ltd., for the use of various agricultural biological resources. The distribution of funds was guided by recommendations from an expert committee, ensuring that local communities benefit from the utilization of these resources. This initiative aims to enhance sustainable practices and improve the livelihoods of local populations involved in biodiversity conservation efforts.
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