The National Biodiversity Authority (NBA) has disbursed ₹45.05 lakh to Biodiversity Management Committees (BMCs) across 10 states and two Union Territories, reinforcing India’s commitment to biodiversity conservation and equitable benefit sharing. The funds were released under the Access and Benefit Sharing (ABS) framework, ensuring that communities contributing biological resources receive…
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Gross NPAs of Banks Fall to Historic Low of 2.15% in FY26
India’s banking sector has achieved a major milestone with the gross non-performing asset (NPA) ratio of scheduled commercial banks (SCBs) declining to a historic low of 2.15 percent as of September 2025. The figure marks the lowest level in over a decade and is even lower than levels recorded in…
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NBA Grants ₹68 Lakh to Maharashtra BMCs via ABS
The National Biodiversity Authority (NBA) has released Rs 68 lakh to Biodiversity Management Committees (BMCs) in Wada Tehsil, Palghar district, and the Brihanmumbai Municipal Corporation (BMC) in Maharashtra under the Access and Benefit Sharing (ABS) framework. This disbursement follows the commercial utilisation of soil microorganisms, particularly bacteria from the Bacillus…
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NBA Releases ₹18.3L to Biodiversity Committees in UP, Sikkim
The National Biodiversity Authority (NBA) has released ₹18.3 lakh to support Biodiversity Management Committees (BMCs) in Uttar Pradesh and Sikkim under the Access and Benefit Sharing (ABS) framework of the Biological Diversity Act, 2002. The funds aim to empower local communities in the sustainable management and conservation of biodiversity resources….