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What is bio-piracy? State the initiative...

What is bio-piracy? State the initiative taken by the Indian Parliament against it

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**Step-by-Step Text Solution:** 1. **Definition of Bio-piracy:** Bio-piracy refers to the unauthorized use and exploitation of biological resources, particularly genetic materials, from a country or community without proper permission or compensation. This often involves taking indigenous knowledge or resources and patenting them for commercial gain, without acknowledging or compensating the original source. 2. **Components of Bio-piracy:** - **Biological Resources:** This includes plants, animals, and microorganisms. - **Commercial Exploitation:** Using these resources for profit without consent from the source country or community. ...
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