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ARTICLE · 27 MAY 2016

LexUpdate - May 24,2016

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The Government of India has approved the National Intellectual Property Rights ("IPRs") Policy which is stated will lay the future roadmap for intellectual property in India.

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Intellectual Property

Government approves National Intellectual Property Rights Policy: "Creative India; Innovative India" – The Government of India has approved the National Intellectual Property Rights ("IPRs") Policy which is stated will lay the future roadmap for intellectual property in India. The Policy has the following objectives:

  • IPR awareness and promotion: Outreach and Promotion - To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
  • Creation of IPRs - To stimulate the generation of IPRs.
  • Strong and effective legal and legislative framework, consistent with national priorities and international obligations and which balance the interests of rights owners with larger public interest.

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