Maharashtra
NBA Releases ABS Funds in Maharashtra
- 10 Jan 2026
- 1 min read
Why in News?
The National Biodiversity Authority (NBA) has disbursed ₹68 lakh to Biodiversity Management Committees (BMCs) and Brihanmumbai Municipal Corporation under the Access and Benefit Sharing (ABS) framework.
Key Points
- ABS Framework Disbursement: The NBA released ₹68 lakh as part of benefits accrued from the commercial utilisation of soil microorganisms under the ABS mechanism.
- Source of Benefits: The disbursement stems from the access and commercial use of soil bacteria (Bacillus genus) for developing probiotic products.
- Fair and Equitable Sharing: The initiative ensures that local communities and custodians of biodiversity receive a share of benefits derived from utilisation of biological resources, aligning with ABS principles.
- Microorganism Applications: About 15 % of ABS applications involve microorganisms, highlighting their significance in sectors such as agriculture, healthcare, and biotechnology.