logo
 
The National Biodiversity Authority (NBA) has continued its series of Access and Benefit Sharing (ABS) disbursements with the release of Rs 45 lakh (around $50,000) to Red Sanders cultivators in Andhra Pradesh through the State Biodiversity Board, an official said on Friday.

With this disbursement, India’s cumulative ABS releases have now exceeded Rs 143.5 crore (approximately $16



million), the official from the Ministry of Environment, Forest and Climate Change said.

The initiative underscores the economic opportunity available to Red Sanders cultivators, who derive dual income benefits — first, through the lawful sale of cultivated Red Sanders wood and logs, and second, through monetary benefits under the ABS mechanism mandated by the Biological Diversity Act, 2002.
No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh
etemaad live tv watch now

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Can Lionel Messi's visit boost Indian football?

Yes
No
Can't Say