-The Hindu Intellectual property accelerates innovation in certain technology sectors, but it impedes innovation in others. The biggest flaw of the new policy is that it does not acknowledge this. Intellectual property (IP) regimes suffer a classic paradox. While they attempt to encourage innovation and creativity, they have themselves been shielded from innovation experimentation. For some years now, India has been attempting to break this mould and craft a regime to suit...

-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...

-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...

-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...

-The Hindu This month marks the introduction of the Sustainable Development Goals (SDGs), which aim to dramatically improve lives across the world by 2030. This month marks the introduction of the Sustainable Development Goals (SDGs), which aim to dramatically improve lives across the world by 2030. The SDGs will help countries frame their policies and strategies towards achieving these mutually agreed upon goals and targets. SDG 3, which aims to ensure good...