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The all-encompassing IPR Policy will promote a holistic and conducive ecosystem to catalyse the full potential of intellectual property for India’s economic growth and socio-cultural development, while protecting public interest. 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 besides complementing the strengths of our substantive laws with transparent, predictable and efficient administrative and procedural mechanisms as also well informed adjudicatory structure.
Comments have been received from all Ministries / Departments concerned, which have given suggestions and observations on issues concerning them. These comments have been examined and incorporated suitably.
This information was given by the Minister of State(Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha.
Intellectual property policy promotes a holistic innovation ecosystem and aligns laws with predictable administrative mechanisms. Finalized National Intellectual Property Rights (IPR) Policy establishes an integrated framework to promote innovation and socio economic development while protecting public interest. It mandates stakeholder integration across government, R&D, academia, corporate entities, MSMEs and start ups, and requires complementing substantive IP laws with transparent, predictable administrative and procedural mechanisms and an informed adjudicatory structure. Comments from all concerned Ministries and Departments were examined and incorporated where appropriate.Press 'Enter' after typing page number.