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ARTICLE · 16 JUNE 2016

A Brief Overview Of The National IPR Policy

Intellectual property (IP) refers to creations of the mind: inventions; literary and artistic works; and symbols, names and images used in commerce.

IndiaIntellectual Property

Intellectual property (IP)refers to creations of the mind: inventions; literary and artistic works; and symbols, names and images used in commerce1.

Considering the changing nature of businesses today and the ever evolving IP field, it was felt that certain aspects of the present IPR regime need to be modified to suit the present day challenges. Also keeping in mind that India has to be compliant with TRIPs (being a member of the WTO), we need to keep our laws updated and equitable. With this view in mind, Indian Government decided to come up with the National IPR Policy.

The policy seeks to instill the importance of IPR in every sector and also seeks to modify the existing literature/laws to curtail the issues faced by the stakeholders.

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