<h1>India Slashes IPR Fees to Boost Innovation for MSMEs with Patent, Design, and Geographical Indication Reductions.</h1> India is enhancing its intellectual property rights (IPR) ecosystem by reducing fees for various IPR activities, particularly benefiting micro, small, and medium enterprises (MSMEs). The proposed fee reductions include significant cuts for patent filing, examination, and renewal, as well as for design filings and geographical indications. These measures aim to foster innovation and creativity in the knowledge economy. Since the adoption of the National IPR Policy in 2016, there has been a notable increase in IP filings and application disposals. Awareness programs and streamlined procedures have contributed to this progress, supporting economic growth and innovation.