What is Benefit sharing? Explain the provisions for Benefit Sharing by NBA in Biodiversity Act of India.

Benefit sharing refers to the fair and equitable distribution of the benefits arising from the utilization of genetic resources and associated traditional knowledge. The concept of benefit sharing is based on the recognition that biological resources are not just the property of the state or the individual but are also the heritage of local and indigenous communities who have nurtured and conserved them over generations. Therefore, the access and utilization of these resources must be governed by a set of rules and principles that ensure that the benefits are shared fairly and equitably among all stakeholders.

In India, the National Biodiversity Act of 2002 (NBA) provides the legal framework for the conservation and sustainable use of biodiversity and associated traditional knowledge. The Act recognizes the importance of benefit sharing as ___ _____ __________ ______ ________.
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