Relationship Between Traditional Knowledge and Biodiversity Act

India is one of the mega-biodiverse countries with different combinations of ecosystems. It occurs at different levels and is mostly associated with the traditional knowledge and its practice. With loss of biodiversity and commercialization of bio resources along with the knowledge associated have been causing great concern especially when the IPRs are applied to claim monopoly because of which the conservation of biological resources is now carried out on various level to address issues related to its conservations the Convention on Biological Diversity, 1992 was signed at international level and India being a signatory to the Convention is the first to implement it by enacting the Biological Diversity Act, 2002. This paper will give an in depth idea about what traditional knowledge is how it is important in today’s time, and the issues related to it along with various Acts that are enacted to conserve the traditional knowledge and biodiversity.