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ARTICLE · 20 MAY 2016

National IPR Policy Approved By The Cabinet

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The Indian Cabinet on April 13, 2016 passed India's first National Intellectual Property Rights (IPR) policy in a bid to promote IP regime and encourage creativity, innovation and entrepreneurship in India.

IndiaIntellectual Property
Vikrant Rana
Vikrant Rana
Bijit Das
Bijit Das
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The Indian Cabinet on April 13, 2016 passed India's first National Intellectual Property Rights (IPR) policy in a bid to promote IP regime and encourage creativity, innovation and entrepreneurship in India. The policy is a vision document that seeks to provide stronger safeguard to IPR in India. By virtue of this policy, from now onwards there will be a proper institutional mechanism in place that will help in incorporating global best practices in the India economy.

The primary objective of the policy is to put in place a legal framework that will encourage the IPR regime and substantially reduce the time taken by the governmental agency to approve a trademark to as less as a month by 2017. The nodal agency for regulating IP rights in the country will be the Department of Industrial Policy and Promotion (DIPP).

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