In 1992, the United Nations encouraged its member countries to sign an agreement to protect the world's biodiversity. The Biological Diversity Act was almost mostly about compliance. It wanted to keep a check on pharmaceutical companies, researchers and medical practitioners who had used protected natural resources for their own benefit. But over the years, this act started becoming a pain point for researchers and companies. Now, since India was also a part of this convention, the government passed a Biological Diversity Act in 2002 to mirror the provisions in its legal system.
In today’s episode for 31st July 2023, we give you a primer on the Biodiversity Amendment Bill.