Consortium-Driven Innovation Model pioneered by IIT Madras enables immediate Commercialisation: MoS (See 'Corp Brief') NBA supports Conservation of Biological Resources (See 'Corp Brief') Cabinet approves Widening of National Highway-167 from Gudebellur to Mahabubnagar (See 'Corp Brief') Innovation and evidence are two pillars that will shape the next era of Unani medicine: MoS (See 'Corp Brief') A&C - Different interpretation of contract by in itself is no ground to interfere with arbitral award: SC (See 'Legal Desk') Cabinet approves upgradation of Dhamasiya-Bitada Sections of NH-56 to 4-Lane Standard (See 'Corp Brief') Govt launches 'PM RAHAT' - Cashless Treatment of Road Accident Victims (See 'Corp Brief') India achieves faster decline in under-5 Mortality Rate: Nadda (See 'Corp Brief') A&C - Non-issuance of a Sec 21 notice by one party is not fatal to raising claims before arbitral tribunal if disputes are otherwise covered by broadly worded arbitration clause: SC (See 'Legal Desk') Cabinet infuses Rs 10000 Crores for startups engaged in deep-tech, innovative manufacturing (See 'Corp Brief') Trade Marks - non-use of a mark filed on proposed-to-be-used basis is irrelevant for assessing registrability of the mark: HC (See 'Legal Desk') Minister proposes exploring solutions such as National Housing Exchange (See 'Corp Brief') IBC/RTI - appellant cannot seek disclosure of internal notings & replies under RTI Act when same issue has already been disposed of earlier: IBBI (See 'Legal Desk') In 2 yrs, India AI Mission has set up Foundation for Development of AI Ecosystem (See 'Corp Brief') A&C - Applications for extending arbitral tribunal's mandate u/s 29A(4) must be filed exclusively before principal civil court of original jurisdiction: SC (See 'Legal Desk') Govt approves wheat exports and allows additional wheat and sugar exports (See 'Corp Brief') A&C - Arbitral proceedings are set to commence on date of receipt of notice invoking arbitration clause: SC (See 'Legal Desk') Centre for Trade organises International Moot Court under WTO Chairs Program (See 'Corp Brief') A&C - Under pre-2015 amendment regime, once party consents to court order appointing arbitrator, they cannot subsequently challenge existence or validity of arbitration clause before arbitral tribunal: SC (See 'Legal Desk') The Securities Markets Code, 2025: Strengthened Enforcement, Weakened Accountability? (See 'CORP EINSICHT')

NBA supports Conservation of Biological Resources

Published: Feb 16, 2026

By TIOLCorplaws News Service

NEW DELHI, FEB 16, 2026: IN a significant step towards strengthening biodiversity conservation and supporting local communities, the National Biodiversity Authority (NBA) has released Rs 10.40 lakh under the Access and Benefit Sharing (ABS) framework to beneficiaries across the country. The ABS framework reinforces India's National and Global commitment in ensuring that communities conserving biological resources receive a fair share of benefits arising from their commercial use.

The current ABS release will benefit Biodiversity Management Committees (BMCs) across 24 districts spanning nine States and one Union Territory, including Maharashtra, Madhya Pradesh, Tamil Nadu, Puducherry, Meghalaya, Gujarat, Odisha, Andhra Pradesh and Haryana. These BMCs represent a wide range of ecological landscapes from rural villages and coastal regions to urban local bodies where local communities play a crucial role in conserving biodiversity. In addition, one farmer holding dairy farm in  Haryana received Access and benefit-sharing amount for providing India's renowned Murrah Buffalo breed, recognising the value of indigenous livestock.

The ABS funds were generated through the commercial utilisation of several biological resources that supports the growth of India's bio-economic sector. These include microorganisms such as beneficial bacteria used in biotechnology and pharmaceuticals, marine microalgae applied in nutraceuticals and sustainable bio-products, and seaweed increasingly used in agriculture, cosmetics and food industries.

Bioresources accessed includes holy basil (Tulsi) leaves, drumstick (Moringa) seeds; neem seeds, soapnut seeds, rosemary leaves, ashwagandha roots, mushroom-derived chitosan, Pacific white shrimp. These examples highlight how biodiversity contributes, not only to ecological balance but also to scientific innovation, industry development and rural livelihoods.

Through the ABS mechanism, a portion of their benefits by users of biological resources is shared with local communities that conserve the biological resources. This system creates a direct economic incentive for conservation while promoting sustainable use of natural resources.

The cumulative ABS disbursements at the national level have crossed a significant  amount of  Rs 145 crore (approximately USD 16 million), demonstrating the growing impact of India's biodiversity governance framework. The NBA continues to play a pivotal role in implementing India's commitments under the Convention on Biological Diversity and the Nagoya Protocol on Access and Benefit Sharing, while contributing to national biodiversity targets and the global Kunming–Montreal Global Biodiversity Framework.

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