What kinds of benefits are envisaged under the benefit sharing arrangement approved by the NBA?
While granting approvals, NBA will impose conditions, which secure equitable share in the benefits arising out of the use of biological resources occurring in India or knowledge relating to them. These benefits could include monetary gains, grant of joint ownership of IPRs, transfer of technology, association of Indian Scientists in R&D, setting up of venture capital fund etc.
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- What kinds of benefits are envisaged under the benefit sharing arrangement approved by the NBA?
