Section 52A of BDA : Section 52A: Appeal To National Green Tribunal
BDA
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Explanation using Example
Imagine a scenario where a pharmaceutical company, PharmaGrow, has been conducting research on a rare medicinal plant found in India. They have accessed the biological resource and associated traditional knowledge, and based on this, they develop a new drug. The State Biodiversity Board (SBB) imposes a benefit-sharing obligation on PharmaGrow, requiring them to pay a certain percentage of their net profits from the drug to ...
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