English  |  Español  |  Français
Knowledge Base

Search criteria

Information Types

  • News Headlines (28)

Date

  • Added or updated since:

  • Custom range...

Subjects

  • Access to Genetic Resources and Benefit-sharing (28)

News Headline

Govt to lose Rs.10,000 cr royalty annually for non-compliance to notified ABS guidelines

Source
PharmaBiz

Publication Date
2015-06-10

Even as the Access and Benefit Sharing (ABS) Guidelines prepared by National Biodiversity Authority (NBA) have royalty slabs for domestic and foreign companies towards sustainable use of bio- resource and has been notified on November 21, 2014, an official associated with the development says that guidelines if not implemented would lead to a revenue loss to the respective boards to the tune of Rs.10,000 crore annually and even more.

Content
http://www.pharmabiz.com/NewsDetails.aspx?aid=88801&sid=1