With reference to lsquo Biological Diversity Amendment Bill 2021 rsquo consider the following statem...........

Geography and Environment (PCS) Biodiversity

With reference to ‘Biological Diversity (Amendment) Bill, 2021’,consider the following statements

It seeks to exempt registered AYUSH medical practitioners from intimating biodiversity boards before accessing biological resources.
The bill excludes Indian entities accessing raw materials derived from cultivated medicinal plants from payment of access and benefit- sharing.
The term codified traditional knowledge has not been defined.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

The Lok Sabha has passed the Biological Diversity (Amendment) Bill, 2021, which aims to amend the Biological Diversity Act of 2002.

The legislation seeks to promote ease of doing business in the biodiversity sector and decriminalises all offences under the conservation law.
Statement 1 is Correct: It seeks to exempt registered AYUSH medical practitioners from intimating biodiversity boards before accessing biological resources.
Statement 2 is Correct: The bill excludes Indian entities accessing raw materials derived from cultivated medicinal plants from payment of access and benefit- sharing.
Statement 3 is Correct: The term codified traditional knowledge has not been defined.
Under it, Benefit sharing will be based on terms agreed between the user and the local management committee represented by the National Authority.