TNPSC Thervupettagam

Biodiversity Tags

February 7 , 2019 1993 days 719 0
  • Goa State Biodiversity Board (GSBB) recently introduced a biodiversity tagging system.
  • It aims to ensure communities residing within the biodiversity zone to get Access Benefit Share (ABS) from their profits.
  • The tag will show that the ingredients used are sourced from the nature.
  • Sellers are supposed to pay 0.01 % of their annual profit to the GSBB.
  • The board will then use this amount to protect the habitat from where the ingredients are.

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