Which legislation in India is protective against acts of biopiracy occurring in our country ?

Options

A. Indian Patents Bill
B. Negotiable Instruments Act
C. Environment Protection Act
D. Biodiversity Act

Answer

**Step-by-Step Text Solution:**

1. **Understanding Biopiracy**:
- Biopiracy refers to the unauthorized use of biological resources by multinational companies and organizations. This often occurs without proper authorization from the country or the local communities that have traditionally used these resources.

2. **Examples of Biopiracy in India**:
- In India, notable cases of biopiracy include the exploitation of resources like neem, basmati rice, and turmeric. These resources are often claimed by foreign entities without compensatory payments to the original custodians.

3. **Legislative Response**:
- To combat biopiracy, the Indian Parliament has enacted legislation. The key legislation that addresses this issue is the Indian Patents Bill.

4. **Provisions of the Indian Patents Bill**:
- The Indian Patents Bill includes provisions that protect Indian bioresources. It emphasizes the need for proper authorization and compensatory payments when utilizing these resources. It also addresses issues related to patents, emergency provisions, and research and development initiatives.

5. **Conclusion**:
- Therefore, the legislation in India that protects against acts of biopiracy is the **Indian Patents Bill**.

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