-The Hindu IPR Policy will promote indigenous knowledge on water conservation steps. The National Intellectual Property Rights (IPR) Policy will send a clear message to Washington that India’s IPR regime is not regressive, Commerce & Industry Minister Nirmala Sitharaman said. The comments come ahead of Prime Minister Narendra Modi’s visit to the U.S. next month when the issue of greater protection and Enforcement of IPR may come up for discussions. Sitharaman, however, said India...
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National IPR policy favours tax breaks, loan guarantee to promote patents creation -Surabhi
-The Hindu Business Line Retains Section 3(d), which checks ‘evergreening’, despite US pressure New Delhi: The national Intellectual Property Rights (IPR) policy approved by the Union Cabinet has proposed tax breaks to promote research and development, a loan guarantee scheme to cover risk of failure of IPRs, and a dedicated cell to promote the creation and commercialisation of IP assets. The policy also suggests the establishment of a mechanism for implementation, monitoring and...
More »All you need to know about the new IPR Policy
-The Hindu The new Intellectural Property Policy, unveiled by the Finance Minister is in compliance with TRIPS. Finance Minister Arun Jaitley released India’s National Intellectual Property Rights (IPR) Policy recently. The Policy which is in compliance with WTO's (World Trade Organisation) agreement on TRIPS (Trade Related aspects of IPRs), aims to sustain entrepreneurship and boost Prime Minister Narendra Modi's pet scheme 'Make in India.' Here are the highlights: >> The Policy aims to...
More »Intellectual Property Rights policy may hinder drug access -Vidya Krishnan and Puja Mehra
-The Hindu The policy fails to acknowledge that IP is a market-driven model’ India’s National Intellectual Property Rights (IPR) policy, unveiled on Friday, could pose a “serious” hurdle to allowing access to affordable drugs and the South Asian nation missed a chance to put in place a progressive policy, according to experts. The policy left the country’s patent laws intact and specifically did not open up Section 3(d) of the Patents Act, which...
More »Bitter sweet
-The Indian Express Over-regulation by government once again ensures that injustice is done to UP’s sugarcane farmers. The story of Uttar Pradesh’s sugarcane farmers facing distress due to non-payment of dues by the sugar mills is not a new one. Yet again, as against the promised payment of Rs 17,972 crore, at the state advised price (SAP) of Rs 280 per quintal, farmers have received just Rs 11,268 crore from the UP...
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