NBA Allocates Rs 1.19 Crore to 29 State Biodiversity Boards and One UT Council
The National Biodiversity Authority (NBA) has allocated Rs 1.19 crore to 29 State Biodiversity Boards and one Union Territory Biodiversity Council as part of the Access and Benefit Sharing (ABS) mechanism. This funding aims to enhance biodiversity conservation, promote the sustainable use of biological resources, and support community welfare. The distribution was based on contributions from companies utilizing agricultural biological resources and was determined according to the estimated cultivation areas reported by the Ministry of Agriculture and Farmers Welfare. The allocation reflects a structured approach to ensure equitable distribution among the states involved.
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