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ARTICLE · 23 MAY 2017

Cabinet Approves India's IPR Policy

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The Union Cabinet on 13 May 20161 approved the National Intellectual Property (IPR) policy roadmap to foster creativity and innovation, promote entrepreneurship and enhance socio development...

IndiaIntellectual Property
Saipriya Balasubramanian
Saipriya Balasubramanian
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INTRODUCTION

The Union Cabinet on 13 May 2016 approved the National Intellectual Property (IPR) policy roadmap to foster creativity and innovation, promote entrepreneurship and enhance socio development, enhance access to healthcare, food security and environmental protection. The Policy lays down the following seven objectives

  1. IPR Awareness, outreach and promotion
  2. Stimulate generation of IPRs
  3. Legal legislative Framework
  4. Administration and Management
  5. Commercialization of IPRs
  6. Enforcement and Adjudication
  7. Human Capital Development

It was mentioned in the policy that these objectives are sought to be achieved with detailed action points. It was further mentioned that the action departments shall be monitored by Department of Industrial Policy Promotion (DIPP) which shall be the nodal department to coordinate the implementation and future developments of IPRs in India.

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