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Ahead of Modi's US visit, govt proposes new IPR policy

Updated: Sep 09, 2014 11:39:43am
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New Delhi, Sept 9 (KNN) Ahead of Prime Minister Narendra Modi’s visit to US later this month, Government has announced it will soon come out with a national intellectual property rights (IPR) policy, compatible with the global norms.

"We are going to have a national IPR policy in place soon. It will not be restrictive but promote national interest. India has well-established IPR laws, but it is important to spell it out in the form of a policy for the entire world to see," commerce & industry minister Nirmala Sitharaman said at a briefing to mark the government's first 100 days. 
 
Several countries including the US, have been raising issues over India’s IPR laws, especially in the pharmaceutical sector, saying that the patent laws here are in violation of global norms.
 
However, India has been saying that the country’s IPR laws are compliant with trading rules under the World Trade Organization.
 
Sitharaman said that in the absence of a formal policy, India hadn’t been able to move in a “forceful way” in dealing with IPR issues. “When there is a policy, there is consistency and more rigour to move ahead.”
 
"This is the first time we are coming out with an IPR policy. IPR policy issues have been hanging for quite a long time...India has become a brand in terms of pharma... automobile... We are very strong in IPR and we certainly want to protect our interest... Just because we do not have a policy, they are picking holes in our IPR regime," she said. 

Secretary, Department of Industrial Policy and Promotion, Amitabh Kant said the government was keen on upgrading the IPR regime and the patent office.
 
“We will be clearing the backlog and the pending patent applications. The filings have gone up substantially,” he added.
 
The Centre is planning to bring out a draft IPR policy within four months. Apart from setting up a think tank on IPR issues, the policy is expected to be posted on the website for comments within four months. (KNN/SD)

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