The amount will flow to 26 State Biodiversity Boards (SBBs) and 3 Union Territory Biodiversity Councils (UTBCs), with the ABS share calculated based on the area under mustard cultivation in each State.
GK and monthly revision
National Biodiversity Authority releases Rs. 15.52 crore ABS Proceeds from Mustard Genetic Resources
The National Biodiversity Authority (NBA) has released Rs. 15.52 crore in Access and Benefit Sharing (ABS) proceeds from M/s. Pioneer Overseas Corporation, which developed ten commercial mustard (Brassica juncea) hybrid varieties using India's biological resources.
Source: Press Information Bureau (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
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Key points
Exam-ready takeaways
Rajasthan, which accounts for nearly 42 per cent of India's mustard cultivation, is receiving the highest benefit, followed by Uttar Pradesh and Madhya Pradesh.
The NBA has released a total ABS amount of Rs. 182.5 crore so far.
It has released Rs. 116.22 crore to beneficiaries across the country in the last 12 months.
About the National Biodiversity Authority The National Biodiversity Authority is a statutory body established under the Biological Diversity Act, 2002, functioning under the Ministry of Environment, Forest and Climate Change, Government of India.
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