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…
Tag: #RedSanders
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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 ₹45 Lakh to Red Sanders
₹45 Lakh Disbursed to Andhra Pradesh Red Sanders Farmers The National Biodiversity Authority (NBA) has released ₹45 lakh (USD 50,000) to Red Sanders cultivators in Andhra Pradesh through the Andhra Pradesh State Biodiversity Board. This disbursement continues India’s Access and Benefit Sharing (ABS) efforts, bringing the cumulative ABS releases nationwide…
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DRI Busts Red Sanders Smuggling, Seizes 15 MT Worth ₹6.26 Crore
The Directorate of Revenue Intelligence (DRI) has dealt a major blow to organised wildlife smuggling networks by seizing 15 metric tonnes of red sanders valued at ₹6.26 crore in Chennai and arresting four individuals involved in the illicit trade. The operation underscores India’s intensified enforcement against environmental crimes that threaten…