Introduction

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.