IPR policy: Think tank to hold meetings on Feb 5

A think tank on intellectual property rights (IPR), constituted by the Commerce and Industry Ministry, would hold meetings with stakeholders on February 5 on its first draft report.
The six-member think tank has submitted its first draft report on the National Intellectual Property Rights (IPRs) policy on December 19 last year.
The Ministry has sought stakeholders' comment on the draft report till January 30.
"...The think tank will be ready to hold brief meetings with delegations of interested stakeholders' associations/ groups on February 5," the Department of Industrial Policy and Promotion (DIPP) said.
The draft seeks to encourage innovation by providing tax incentives and modifying intellectual property rights.

The policy has been formulated with the mission to foster innovation, accelerate economic growth, employment and entrepreneurship besides protecting public health, food security and environment, among other areas of socio-economic importance.
The draft has enlisted six objectives of the policy which includes patent awareness and promotion; creation of IP; legal and legislative framework and commercialisation of patents.
To create public awareness about the economic and social benefits of patents for accelerating development and job creation, it has suggested to launch a nationwide programme.