This study reports, successful synthesis of Oxygen(O) and Nitrogen(N) co-doped Ocimum Sanctum plant-based or tulsi carbon dots-silver nanoparticle nanocomposites (TCD-AgNP) for the development of an efficient, highly active, low-cost fingerprint antibacterial agent against gram-negative organisms and a highly efficient photocatalyst for the degradation of methylene blue (MB). The novelty and advantage of this study is the development of highly stable, blue fluorescent, high quantum yield (40%) environmental -friendly TCD-AgNP nanocomposite through reduction method by using green TCDs. Spectrochemical characteristics of synthesized TCDs and TCD-AgNP nanocomposites were investigated through UV-Vis absorbance, Photoluminescence (PL) spectroscopy, Fourier transform infrared (FTIR), X-ray photoelectron spectroscopy (XPS) and Zeta potential measurements confirming excellent fluorescence, unique stability and effective O and N doping. High-resolution transmission electron microscopy (HR-TEM) images confirms that the synthesized TCDs and TCD-AgNP nanocomposites were spherical in shape with an average size of 6.3 nm and 11.5 nm respectively. The antibacterial studies proved that TCD-AgNP nanocomposites ware highly effective against Gram-negative (Serratia marcescens, E. coli,and Pseudomonas aeruginosa) microbial organisms. Besides, TCD-AgNP nanocomposite was used as a photocatalyst for the degradation of MB (10 ppm) under sunlight irradiation for regular intervals of time at room temperature with a photodegradation efficiency of 95.63%.