Parliament passes Biological Diversity (Amendment) Bill 2023

Parliament passes Biological Diversity (Amendment) Bill 2023

Daily Current Affairs   /   Parliament passes Biological Diversity (Amendment) Bill 2023

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Category : National Published on: August 03 2023

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  • Parliament has passed the Biological Diversity (Amendment) Bill 2023, Rajya Sabha approved it on July 1, 2023. The Lok Sabha has already passed the bill.
  • The Bill seeks to promote research on medicinal plants, encourage production of plant-based medicines and benefit local persons involved in the use of forest produce.
  • The Bill amends the Biodiversity Act, 2002 to simplify compliance requirements for domestic companies.
  • This bill will strengthen Prime Minister Narendra Modi's mission life and call for sustainable living.
  • This will greatly benefit the tribal people and take the traditional medicinal knowledge of India to the world.
  • The Bill aims to simplify the patent application process and expedite patent applications.
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