Consider the following statements: 1. In India, the Biodiversity Management Committees are key to the realization of the objectives of Nagoya Protocol. 2. The Biodiversity Management Committees have important functions in determining access and benefit sharing, including the power to levy collection fees on the access of biological resources within its jurisdiction. Which of the statements given above is/are correct?

1. Correct. Biodiversity Management Committees (BMCs) are created under the Biological Diversity Act, 2002 at local body level and are important for implementing Access and Benefit Sharing (ABS), which is the core objective of the Nagoya Protocol.

2. Correct. Under India’s biodiversity framework, BMCs have a role in determining ABS and local bodies/BMCs can receive and use collection fees/benefit-sharing amounts for access to biological resources within their jurisdiction.

Therefore, both statements are correct.