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Cabinet approves National Intellectual Property Rights Policy
Mumbai: The Union Cabinet has approved the National Intellectual Property Rights (IPR) Policy, which will lay the future roadmap for intellectual property in India.
The National IPR Policy is a vision document that aims to create and exploit synergies between all forms of IP, concerned statutes and agencies. It sets in place an institutional mechanism for implementation, monitoring and review. It aims to incorporate and adapt global best practices to the Indian scenario.
The policy is aimed at strengthening the government, research and development organisations, educational institutions and corporate entities including MSMEs as well as start-ups, besides other stakeholders in the creation of an innovation-conducive environment that stimulates creativity and innovation across sectors and facilitates a stable, transparent and service-oriented IPR administration in the country.
The policy has recognised that India has a well-established TRIPS-compliant legislative, administrative and judicial framework to safeguard IPRs, which meets its international obligations while utilising the flexibilities provided in the international regime to address developmental concerns. It has reiterated India’s commitment to the Doha Development Agenda and the TRIPS agreement.
The mission of the National IPR Policy is to focus on enhancing access to health care, food security and environmental protection across sectors of vital social, economic and technological importance.
The policy has laid down objectives such as creating IPR awareness. It plans to do this by creating public awareness about economic, social and cultural benefits of IPRs among all sections of society.
It aims to stimulate the generation of IPRs as well as establish a legal and legislative framework to have strong as well as effective IPR laws that balance the interests of rights owners with larger public interest.
The policy hopes to modernise and strengthen service-oriented IPR administration as well as get value for IPRs through commercialisation, besides strengthening enforcement and adjudicatory mechanisms to combat IPR infringements.
It also aims to strengthen and expand human resources, institutions and capacities for teaching, training and research, and build skill sets in the field of IPRs. The policy is aimed at achieving these objectives through detailed action points.
The action by different ministries and departments will be monitored by the Department of Industrial Policy & Promotion, which would be the nodal department to co-ordinate, guide and oversee implementation and future development of IPRs in India.