Tagging system

Question 1

Which state recently came up with Tagging system related to biodiversity zones ?

Answer 1

GOA state Biodiversity Board (GSBB)

Question 2

What does this system aim to provide ?

Answer 2

Ensures communities residing within the biodiversity zone get Access Benefit Share (ABS) from their profits

Question 3

What does the tag indicate ?

Answer 3

It shows tht the ingredients used are sourced from nature

Question 4

How is it advantageous ?

Answer 4

The sellers are supposed to pay 0.01% of their annual profit to the GSSB and the board will then use this amount to protect the habitat from where the ingredients are