Answer the questions (restrict each answer within 200 words).
Write notes on of the following :
Biopiracy

Explanation

Biopiracy is theft or robbery or exploitation of biological and genetic resources indigenous to a country. These biological resources are often the main targets of enterprising businessmen because of their many uses in agriculture, healthcare and chemical industries. The process of biopiracy involves collection of samples of biological resources, which then undergo product development for their use on a commercial scale.
Biopiracy begins with biodiversity prospecting, which is exploration of wild plants and animals for commercially viable genetic and biochemical resources. Genetic resources are the genes found in plants and animals that are of actual or potential value to people. Through the use of new biotechnologies, genes/germplasm from any plant or animal can be transferred to another. Such genetically engineered organisms (plants, animals and microorganisms) are being used for new industrial applications, pharmaceuticals, farming, cattle breeding and poultry farming