UPSC By Aptness.ai
PIB digest for Saturday, 10 October

NBA Disburses Rs 2.02 Crore ABS Funds

Ministry of Environment, Forest and Climate Change · Environment · Posted 10 OCT 2026 7:18PM

What happened

The National Biodiversity Authority disbursed Rs 2.02 crore in Access and Benefit-Sharing contributions from seed-sector companies to 27 States and 3 Union Territories to support biodiversity conservation and local livelihoods, bringing cumulative disbursements to Rs 202.00 crore.

Why it matters for UPSC

This initiative illustrates India's implementation of the Biological Diversity Act, 2002, and international commitments under the Kunming-Montreal Global Biodiversity Framework, highly relevant for UPSC syllabus themes on environmental conservation, resource mobilization, and biodiversity governance.

Key objectives

  1. National Biodiversity Authority disbursed Rs 2.02 crore among 27 States and 3 Union Territories as Access and Benefit-Sharing (ABS) funds from the seed sector.
  2. Cumulative ABS disbursement by the NBA reached Rs 202.00 crore.
  3. Funds are apportioned based on cultivation areas of respective biological resources to support grassroots biodiversity conservation and community well-being.