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Parliament Passes Biological Diversity (Amendment) Bill, 2023

Rajya Sabha passed the Biological Diversity (Amendment) Bill, 2023 on Tuesday, it was already cleared by Lok Sabha on July 25. The Bill seeks to amend the Biological Diversity Act, 2002 .The Law was.

Corporate control over biodiversity? That s what this new Bill would like to see

Corporate control over biodiversity? That s what this new Bill would like to see
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Rajya Sabha okays contentious biological diversity bill

The Rajya Sabha passed the Biological Diversity Amendment bill, which exempts AYUSH practitioners and users of traditional knowledge from sharing benefits with local communities. Opposition MPs raised concerns about exploitation by corporations and the lack of benefit sharing with tribals and local communities. The bill aims to simplify coordination between the National Biodiversity Authority and the patents office and reduce compliance burden for AYUSH practitioners and patent applicants. The amendments were triggered by a court judgment against a company owned by yoga entrepreneur Ramdev. The legislation aims to promote AYUSH and encourage collaborative research. | Latest News India

UPSC Essentials | Weekly news express with MCQs: No confidence motion, Madhav Gadgil report, and more

UPSC Essentials | Weekly news express with MCQs: No confidence motion, Madhav Gadgil report, and more
indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.

Corporate social irresponsibility

According to the experts, companies have overlooked the ABS rule due to a lack of awareness. While the guidelines on access to biological resources and associated knowledge and benefit-sharing regulations were notified by NBA in 2014, there has not been rigorous implementation of the rule.

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