Country’s First National Intellectual Property Rights Policy Has Been Approved by Union Government [ Current Affairs ]


National Intellectual Property Rights (IPR) Policy, 2016 has been approved by the Union Government to promote the IP regime and to encourage innovation, creativity and entrepreneurship in India.

  • This is the first of its kind of policy in the country which aims to support legislative and legal framework of IPRs, their commercialization and strengthen implementation and adjudicatory devices for IPR infringements.
  • For a “Creative India; Innovative India: रचनात्मक भारत; अभिनव भारत” the National IPR Policy will effort.

The Policy places down seven objectives

  • IPR Awareness: Outreach and Promotion- It aims to generate public responsiveness about the social, economic and social profits of IPRs surrounded by all sections of society.
  • Generation of IPRs: It tries to find for stimulating the creation of IP Rs.
  • Legal and Legislative Framework: It calls for robust and actual IPR laws, which will have stability for the larger public attention and benefits of rights owners.
  • Administration and Management: It aims to support and renovate service-oriented IPR management.
  • Commercialization of IPRs: Offer suitable value for IPRs over commercialization.
  • Enforcement and Adjudication: Aims to support the adjudicatory and implementation mechanisms for fighting IPR contraventions.
  • Human Capital Development: Aims to develop and support human resources, volumes and organizations for teaching, research, training and skill building in IP Rs.

Other highlights of the Policy

  • Distinguishes profusion of groundbreaking and original drives in the country and orders the necessity to tap and channelize these drives near a well and sunnier future for all.
  • Feat and generate collaborations amongst all procedures of intellectual property (IP), worried helps and laws in the country.
  • For monitoring, implementation and review of IP rule groups in place an official mechanism.
  • Seeks to contain and familiarize global best practices to the Indian scenario.
  • Under the Union Commerce Ministry nodal agency for regulating IP rights in the country makes the Department of Industrial Policy and Promotion (DIPP).
  • Try to find to interlace in the assets of the Government, R&D organizations, and educational institutions, company entities counting start-ups, MSMEs and other stakeholders in the formation of an innovation-conducive environment.
  • It simplifies a transparent, constant and service-oriented IPR management in the country.
  • Identifies that India has engrained TRIPS-compliant administrative, legislative and judicial framework to protect IP Rs.
  • Lights global responsibilities while exploiting the flexibilities delivered in the global government to talk about its growing concerns.
  • Restates India’s promise to the Doha Declaration on Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement and Public Health.

- Published on: May 16, 2016