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L.S. passes Bio-diversity Bill

NEW DELHI DEC. 2. The Lok Sabha today paved the way for setting up of a three-tier structure including an apex National Biodiversity Authority (NBA) at Chennai by passing a long pending legislation for proper conservation and use of biological resources.

The Biological Diversity Bill, passed by a voice vote, seeks establishment of State Biodiversity Boards (SBBs) and Biodiversity Management Committees (BMCs), besides the NBA, to regulate access to the diverse plant and animal genetic resources.

Winding up a debate on the Bill, the Environment and Forests Minister, T. R. Baalu, allayed fears that the measure could lead to exploitation and piracy of traditional knowledge saying the Government would provide adequate safeguards against any misuse of the law by MNCs. and others.

PTI

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