The regulations are communicated to enhance and organize the distribution of benefits derived from the utilization of biological resources and related knowledge
What does Access and Benefit Sharing (ABS) refer to?
ABS denotes the system that ensures fair and equitable sharing of advantages derived from biological resources and related traditional knowledge with the communities that have preserved these resources. It is a fundamental concept outlined in the Convention on Biological Diversity (CBD).
India implements ABS via the Biological Diversity Act of 2002 and its latest revision, the Biological Diversity (Amendment) Act, 2023.
Main Aspects of the 2025 Regulation
Revenue-Driven Profit Allocation:
Organizations with a revenue exceeding ₹1 crore are required to submit yearly reports on their resource consumption.
Inclusion of Digital Sequence Information (DSI): DSI is now viewed as a component of genetic resources, addressing previous gaps that only encompassed tangible materials. It corresponds with the results from COP16 of the Convention on Biological Diversity in Cali, Colombia.
Cultivated medicinal plants are excluded, as long as they are announced by the Ministry of Environment in consultation with the AYUSH Ministry.
Valuable Resources: For resources that are of significant conservation or economic importance (such as red sanders, sandalwood, agarwood, and endangered species), at least 5% of the earnings from auctions or sales must be distributed.
This may reach as high as 20% in the event of commercial use.
Intellectual Property Rights (IPR): Those applying for IPR related to biodiversity are required to reveal the use of biological resources and distribute benefits appropriately.
Benefits Distribution: 10–15% kept by the National Biodiversity Authority. Benefits will continue to be allocated to local communities and claimants via Biodiversity Management Committees (BMCs).
Importance of the New Regulation
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The Sagarmala Finance Corporation Limited (SMFCL), India's first maritime sector NBFC, was introduced by the Union Minister of Shipping
The Union Cabinet has sanctioned the creation of an international potato research center in Agra
During Operation Bihali in the J&K district of Udhampur, one Jaish-e-Mohammad terrorist was killed
Centenary Commemoration of the Significant Exchange Between Sree Narayana Guru and Mahatma Gandhi
An Indian astronaut with USA recently launched into space as part of the Axiom-4 mission (NASA’s fourth entirely private astronaut mission)
Law student gangraped inside Kolkata campus, TMC youth leader, two others arrested
Bribery FIR against HDFC bank CEO: Fourth Bombay HC Judge recuses over conflict of interest
India pitches four-point plan to China to defuse border tension, reset ties
Japan hangs ‘Twitter killer’ who murdered 9 after luring them online
'Rs 600 for 8 men': Jharkhand workers stranded in UAE, unpaid and facing eviction
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