ANI
29 Jan 2026, 10:31 GMT+10
New Delhi [India], January 29 (ANI): The National Biodiversity Authority (NBA) continues to advance India's commitment to the sustainable use of biological resources and the fair and equitable sharing of benefits arising from their utilisation.
In furtherance of its mandate under the Access and Benefit Sharing (ABS) framework, the NBA has disbursed Rs 17 lakh to the Biodiversity Management Committee (BMC) of the Brihanmumbai Municipal Corporation (BMC), Maharashtra, through the Maharashtra State Biodiversity Board.
The disbursement stems from the successful commercial utilisation of soil micro-organisms belonging to the Bacillus genus. These micro-organisms have been utilised for the development of value-added probiotic products, reflecting an effective linkage between biodiversity conservation and modern biotechnology.
The benefit-sharing arrangement ensures that a portion of the commercial gains derived from biological resources is channelled back to local communities, thereby supporting community-level development initiatives.
The NBA has noted a growing trend in the biotechnology sector, in which microorganisms are emerging as a critical foundation for industrial innovation. The biotechnology sector has contributed approximately Rs 10 crore to the accrued ABS fund, underscoring the significant role of microbial resources in healthcare, agriculture, and industrial applications.
Maharashtra continues to be the second major beneficiary State in ABS releases, next only to Andhra Pradesh. The State has received the highest share of ABS disbursements, excluding benefit-sharing amounts released from the access to Red Sanders wood. With the present release, the total ABS support extended to Maharashtra has reached nearly Rs 8 crore, benefiting over 200 Biodiversity Management Committees and seven institutions across the State.
Cumulative ABS disbursements at the national level have crossed the significant milestone of Rs 144.37 crore (approximately USD 16 million). This achievement reflects the effective implementation of the Biological Diversity Act, 2002, and advances India's commitments under the Kunming-Montreal Global Biodiversity Framework, particularly Targets 13 and 19.
The outcomes also align with India's National Biodiversity Targets 13 and 19, which emphasise the sustainable use of biological resources and equitable benefit sharing with local communities, empowerment of Biodiversity Management Committees, and enhancement of livelihood security.
The ABS framework further contributes to the Sustainable Development Goals. (ANI)
Get a daily dose of Wisconsin Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Wisconsin Star.
More InformationLOS ANGELES, California: Three of the world's largest social media companies are set to face a jury in Los Angeles this week in a closely...
MINNEAPOLIS, Minnesota: Conflicting accounts have emerged over the deadly shooting of intensive care nurse Alex Pretti by Border Patrol...
BOSTON, Massachusetts: A federal judge has rejected attempts by the Trump administration to terminate the legal status of more than...
ISLAMABAD, Pakistan: Two human rights lawyers were over the weekend sentenced to 17 years each in prison by a Pakistani court over...
MADRID, Spain: Investigations into accusations of sexual assault by Julio Iglesias in the Bahamas and the Dominican Republic have been...
ONTARIO, California: Former Canadian Olympic snowboarder Ryan Wedding, who was accused of moving 60 tons of cocaine and was responsible...
New Delhi [India], January 29 (ANI): The National Biodiversity Authority (NBA) continues to advance India's commitment to the sustainable...
(Photo credit: Rob Gray-Imagn Images) Stephen Curry scored 27 points and Moses Moody added 26 as the Golden State Warriors notched...
(Photo credit: Bob Frid-Imagn Images) Following years of futility, the San Jose Sharks are once again playoff contenders. Perhaps...
(Photo credit: Ron Chenoy-Imagn Images) The New England Patriots' initial injury report leading up to the Super Bowl included a surprise...
(Photo credit: Kevin Jairaj-Imagn Images) Julius Randle scored a game-high 31 points and Anthony Edwards added 20 points, six rebounds...
(Photo credit: Mark J. Rebilas-Imagn Images) The Phoenix Suns found a way around their guard shortage in a victory over Brooklyn...
