Union Cabinet approves National Intellectual Property Rights Policy
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 Union Cabinet on 12 May 2016 approved the National Intellectual Property Rights (IPR) Policy that will lay the future roadmap for intellectual property in India.
The Policy recognises the abundance of creative and innovative energies that flow in India, and the need to tap into and channelise these energies towards a better and brighter future for all.
The National Intellectual Property Rights (IPR) Policy will endeavor for a “Creative India; Innovative India: रचनात्मक भारत; अभिनव भारत”.
About the National Intellectual Property Rights (IPR) Policy
• The National IPR Policy is a vision document that aims to create and exploit synergies between all forms of intellectual property (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.
• This policy shall weave in the strengths of the Government, research and development organizations, educational institutions, corporate entities including MSMEs, start-ups and other stakeholders in the creation of an innovation-conducive environment. This will help in stimulating creativity and innovation across sectors. It also facilitates a stable, transparent and service-oriented IPR administration in the country.
• The Policy recognizes that India has a well-established TRIPS-compliant legislative, administrative and judicial framework to safeguard IPRs. These meets international obligations while utilizing the flexibilities provided in the international regime to address its developmental concerns. It also reiterates India’s commitment to the Doha Development Agenda and the TRIPS agreement.
The mission aims at stimulating a dynamic, vibrant and balanced intellectual property rights system in India to:
• Foster creativity and innovation and thereby, promote entrepreneurship and enhance socio-economic and cultural development
• Focus on enhancing access to healthcare, food security and environmental protection, among other sectors of vital social, economic and technological importance.
The Policy lays down the following seven objectives:
• IPR Awareness: Outreach and Promotion - To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
• Generation of IPRs - To stimulate the generation of IPRs.
• Legal and Legislative Framework - To have strong and effective IPR laws, which balance the interests of rights owners with larger public interest.
• Administration and Management - To modernize and strengthen service-oriented IPR administration.
• Commercialization of IPRs - Get value for IPRs through commercialization.
• Enforcement and Adjudication - To strengthen the enforcement and adjudicatory mechanisms for combating IPR infringements.
• Human Capital Development - To strengthen and expand human resources, institutions and capacities for teaching, training, research and skill building in IPRs.
These objectives are sought to be achieved through detailed action points. The action by different Ministries/Departments shall be monitored by DIPP which shall be the nodal department to coordinate, guide and oversee implementation and future development of IPRs in India.
Now get latest Current Affairs on mobile, Download # 1 Current Affairs App