- Agricultural biological resources generated around ₹1.04 crore in Access and Benefit Sharing (ABS) benefits. - Funds are utilized for biodiversity conservation, sustainable management, and supporting local Biodiversity Management Committees (BMCs). - ABS mechanisms operationalize the Nagoya Protocol's third objective of fair and equitable sharing of benefits arising from genetic resources. - Highlights the growing convergence between commercial utilization of bio-resources and grassroots environmental stewardship. - **Biological Diversity Act, 2002:** India's primary legislative framework enacted in 2002 to fulfill Convention on Biological Diversity obligations, focusing on biodiversity conservation, sustainable use, and fair Access and Benefit Sharing (ABS) through a three-tier institutional mechanism. - **Nagoya Protocol:** An international supplementary agreement to the CBD adopted in 2010 that provides a transparent legal framework for the fair and equitable sharing of benefits arising from genetic resources. - **National Biodiversity Authority (NBA):** A statutory autonomous body established in 2003 under the Ministry of Environment, Forest and Climate Change to implement the Biological Diversity Act, 2002 and regulate ABS mechanisms. **Introduction** Agricultural biological resources in India have generated approximately ₹1.04 crore under Access and Benefit Sharing (ABS) mechanisms, highlighting the practical enforcement of the Biological Diversity Act, 2002 and the Nagoya Protocol. These funds support grassroots biodiversity conservation, sustainable livelihoods, and local Biodiversity Management Committees (BMCs). **Core Issue and Detailed Points** - Agricultural biological resources generated around ₹1.04 crore in Access and Benefit Sharing (ABS) benefits. - Funds are utilized for biodiversity conservation, sustainable management, and supporting local Biodiversity Management Committees (BMCs). - ABS mechanisms operationalize the Nagoya Protocol's third objective of fair and equitable sharing of benefits arising from genetic resources. - Highlights the growing convergence between commercial utilization of bio-resources and grassroots environmental stewardship. **Key Statutory Bodies, Acts & Concepts** - **Biological Diversity Act, 2002:** India's primary legislative framework enacted in 2002 to fulfill Convention on Biological Diversity obligations, focusing on biodiversity conservation, sustainable use, and fair Access and Benefit Sharing (ABS) through a three-tier institutional mechanism. - **Nagoya Protocol:** An international supplementary agreement to the CBD adopted in 2010 that provides a transparent legal framework for the fair and equitable sharing of benefits arising from genetic resources. - **National Biodiversity Authority (NBA):** A statutory autonomous body established in 2003 under the Ministry of Environment, Forest and Climate Change to implement the Biological Diversity Act, 2002 and regulate ABS mechanisms.