Major Policy Drive by NBA to Streamline ABS Fund Utilisation; Guidelines for Designated Repositories Revised

1. At a Glance

2. Why in the News

3. Background & Evolution

4. Core Static Facts

5. Multi-Dimensional Analysis

Legal / Constitutional - Operationalises Section 27 (fund utilisation) and Section 39 (repositories) of the BD Act, 2002 [S1][S5]. - Gives effect to India's obligations under Article 15 CBD and the Nagoya Protocol [S2]. - Concurrent List subject — Forests & Biodiversity (Entry 17A / 17B, Schedule VII) — explains role of SBBs and BMCs [S5].

Environmental - Strengthens flow of monetary benefits to grassroots BMCs, supporting in-situ conservation (e.g., ₹1.36 cr released to Maharashtra & UP BMCs; ₹17 lakh to BMC Mumbai; ₹10.40 lakh across 24 districts) [S2]. - Designated repositories safeguard ex-situ conservation of genetic material and associated data [S3].

Economic - ABS converts traditional knowledge and bio-resources into a monetisable revenue stream for local communities; cumulative ₹139.69 cr disbursed [S2]. - 2023 amendment eases compliance for AYUSH, codified traditional knowledge users, and Indian companies, encouraging bio-economy investment [S4].

Administrative / Governance - Three-tier federal architecture: NBA–SBB–BMC; the 77th meeting reforms address bottleneck of unutilised ABS corpus where benefit claimers cannot be identified [S1][S5]. - Revised repository norms tighten voucher specimen deposit discipline before export of biological resources [S3].

Geopolitical / Strategic - India's 2025 First National Report under the Nagoya Protocol projects ABS leadership ahead of CBD COP cycles [S2].

6. Recent Developments (last 12-18 months)

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources