The National Biodiversity Authority (NBA) approved revised guidelines under the Biological Diversity Act, 2002, to improve the use of ABS (Access and Benefit Sharing) funds.
Guidelines aim to ensure fair sharing of benefits from biological resources with local communities.
When the source is known, 60–75% funds go to local communities and 25–40% to institutions.
When the source is not known, 70% funds go to the NBA/State Biodiversity Boards (SBBs) and 30% to institutions.
Digital repositories and proper documentation are promoted to track biological resources.
The rules help prevent biopiracy and support biodiversity conservation.