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…
Tag: #SustainableUse
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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 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…