Overview
- The latest disbursement was routed through the Andhra Pradesh State Biodiversity Board, according to an official statement.
- Andhra Pradesh has received over ₹104 crore to date, with more than ₹15 crore released to Tamil Nadu, Karnataka, Maharashtra, Odisha and Telangana.
- In the past three months, ₹5.35 crore reached more than 220 red sanders farmers across Andhra Pradesh, Tamil Nadu and Telangana.
- The ABS mechanism under the Biological Diversity Act, 2002 provides cultivators dual income through lawful sale of cultivated wood and monetary benefit sharing.
- The National Biodiversity Authority says the framework encourages sustainable use, discourages illegal trade and over-exploitation, and funds conservation, research and community livelihoods.