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National Intellectual Property Rights Policy

National Intellectual Property Rights Policy

  • The Indian Government has approved the National Intellectual Property Rights Policy (IPR) recently.
  • It has come with a national slogan “Creative India; Innovative India”.
  • The India's NIPR Policy aims to create and exploit synergies between all forms of intellectual property (IP), concerned statutes and agencies.
  • It aims to adapt the globally used best practices to the Indian scenario.
  • It provides strength to the Government, R &D organizations, educational institutions and corporate entities to create an innovation-conducive environment that stimulates creativity and innovation across various sectors.
  • It will facilitate a stable, transparent and service-oriented IPR administration in India.
  • As per the policy, India has a well-establish TRIPS-compliant legislative, administrative and judicial framework.
  • The framework will safeguard IPRs from international obligations while addressing its developmental concerns. 
  • The New NIPR Policy is based on  India’s commitment to the Doha Development Agenda and the TRIPS agreement.
  • NIPR Policy Objectives:
    • It aims to create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
    • It will increase or enhance the generation of IPRs.
    • It provides strong and effective IPR laws which balance the interests of rights owners with larger public interest.
    • It will modernize and strengthen the administration of the IPR.
    • It seeks to commercialize IPR to enhance their value.
    • It aims to strengthen the enforcement and adjudicatory mechanisms for combating IPR infringements.
    • It aims to strengthen and expand human resources, institutions and capacities for teaching, training, research and skill building in IPRs.
  • Trade-Related Aspects of Intellectual Property Rights(TRIPS) Agreement:-
    • The TRIPS agreement is an international agreement administered by the World Trade Organization (WTO).
    • It provides minimum standards for different intellectual property (IP) regulation as applied to nationals of other WTO Members.
    • It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994.
    • The TRIPS agreement introduced intellectual property law into the international trading system for the first time.
  • Intellectual property (IP):-
    • The IP is a term referring to creations of the intellect for which a monopoly is assigned to designated owners by law.
    • Some of the intellectual property rights (IPR) are trademarks, copyright, patents, industrial design rights, and in some jurisdictions trade secrets:
    • The jurisdictions trade secrets include music, literature and artistic works. discoveries and inventions, words, phrases, symbols, and designs.

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