TaxTMI 
TaxTMI 
Measures to Enhance IPR Ecosystem through Lower Fees; Nurturing Innovation and creativity in a knowledge economy essential - Piyush Goyal
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....easures to Enhance IPR Ecosystem through Lower Fees; Nurturing Innovation and creativity in a knowledge economy essential - Piyush Goyal <br>News and Press Release<br>Dated:- 16-9-2019<br><BR>Recognising the importance of nurturing innovation and creativity in a knowledge economy, India is taking great strides in strengthening its intellectual property ecosystem. Further, given the key role playe....
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....d by MSMEs in the economic growth of India, it is proposed to reduce the fees for various IPRs as follows: IPR ACTIVITY CATEGORY CURRENT FEES PROPOSED FEES REDUCTION (%) PATENTS FILING MSME 4000/ 4400 1600/ 1750 60 REQUEST FOR EXAMINATION 10000/ 11000 4000/ 4400 60 EXPEDITED EXAMINATION (only e-filing) 25000 8000 68 RENEWAL 2000 to 20000 (+10% for physical filing) 800 to 800....
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....0 (+10% for physical filing) 60 DESIGNS FILING MSME/ Startup 2000 1000 50 GEOGRAPHICAL INDICATIONS REGISTRATION AUTHORISED USER 500 NIL 100 ISSUANCE OF REGISTRATION CERTIFICATE 100 NIL 100 RENEWAL 1000 NIL 100 Fees structure is for e-filing/ physical filing. Draft Rules for amendment in GI Rules have been notified. National IPR Policy adopted by the Government in 2016 has pa....
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....ved the way to further strengthen the IPR regime in the country. Already, the concrete steps undertaken in the past 5 years have seen IP filings rise: Filing of IP applications Increase from 2013-14 to 2018-19 (%) Patents 18 Trademarks 69 Domestic filing for patents has increased from 22% in 2013-14 to 34% in 2018-19. Awareness programmes for IP are being conducted at schools, colleges, uni....
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....versities, R&D institutes and industry clusters. Multi-pronged strategies have been used to address the issue of pendency in IP applications, including manifold augmentation of manpower and streamlining of procedures. These strategies have paid rich dividends, and there has been a sharp jump in the disposal of IP applications: Disposal of IPR applications Increase from 2013-14 to 2018-19 (%) Pa....
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....tents 353 Trademarks 395<BR> News - Press release - PIB....