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National Biodiversity Authority Tag

BananaIP Counsels > Posts tagged "National Biodiversity Authority"

Biodiversity law requirement of NBA Approval for Indian herbal companies

National Biodiversity Authority

The Earth’s biological resources are vital to humanity’s economic and social development, as well as for the maintenance of ecosystem health. Countries have long recognized that species, ecosystems, and biological diversity are of tremendous value to present and future generations. At the same time, the threat to species and ecosystems has never been greater. Species extinction caused by human activities continues at an alarming rate. For these reasons, countries have adopted a range of international treaties to protect species, habitats, and biological diversity itself.[1] India is one of the 17-mega biodiversity countries of the world. With only 2.4% of the...

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National IPR Policy – Traditional Knowledge Related Objectives

The image depicts a round plate with various spices like turmeric, cumin seeds, cinnamon, fenu greek placed on it. This post relates to traditional knowledge. For more information click here.

  India approved its first ever Intellectual Property Rights (IPR) policy with a vision to stimulate creativity and innovation and to promote advancement in science and technology, arts and culture, traditional knowledge and biodiversity resources. The policy lays out seven broad objectives and they are as follows: Awareness: outreach and promotion; Generation of IPRs; Legal and legislative framework; Administration and management; Commercialization of IPR; Enforcement and adjudication; and Human capital development. This article considers various provisions relating to traditional knowledge under the new IPR Policy. Traditional knowledge refers to the well-established long-standing practices and locally developed innovations preserved and utilized over centuries by communities. The...

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Regulation of Resources: Endeavours of National Biodiversity Authority

Featured Image is of a Biodiversity day celebration in a British Garden, and this is directly related to the topic being discussed in the post i.e. Biodiversity

Our World is no more segregated into 7 continents and 247 countries. It is One Big Global Village. We can have access to anything that is exclusively available in one part of the world in our home country. For this, we ought to thank Globalization, Commercialization and Industrialization. The coming up of more industries, MNCs has made our world a better place to live in - a more accessible place to live in. But this does come with a cost. With the onset of more industries creating more jobs, we have new cities and townships coming up, as a result...

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