Question

scientifiic name of neem and its economic importance

Answer 1

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Here's your answer :
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The scientific name of need is Azadirachta indica.

ECONOMIC IMPORTANCE.
etc.

Neem- Providing Employment Opportunities
Neem Economic PotentialThe revered tree has immense potential to help small and rural farmers provide lucrative employment opportunities in developing nations. The cultivation and processing of raw neem, neem extracts and neem finished products pose big income generation ability.

As neem can grow in areas with low productivity and dry soil, not much investment id required on a small scale cultivation.

Demand of Neem in Western Countries
Neem and its products are finding favor in almost all countries like US, UK, Australia etc. A number of research funded and conducted by international organizations have established the safety and efficacy of neem for use in medicines, pesticides, agro chemicals, animal industry etc. It is being grown on a large scale production. Neem products have shown a good export potential which also needs to be exploited.

Neem as a bio fuel
Neem researches are being undertaken by organizations such as UN to see if it can be used as a bio fuel, particularly to manufacture bio diesel.
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