Taking fresh look at Intellectual Property Bill: govt

Image
Press Trust of India New Delhi
Last Updated : Dec 08 2014 | 10:35 PM IST
The government said it wanted to reconsider the Protection and Utilisation of Public Funded Intellectual Property Bill, 2008, after Science and Technology Minister Harsh Vardhan withdrew the bill from Rajya Sabha today.
K VijayRaghvan, secretary of Departments of Science & Technology and Biotechnology said the government was having a fresh look at the bill.
"The original bill (Protection and Utilisation of Public Funded Intellectual Property Bill, 2008) was introduced a long time back. We thought of having a fresh look at the bill as the time is good to see if any changes could be made.
"The government will soon take a decision on this," VijayRaghvan said.
The bill seeks to provide incentives for creating and commercialising intellectual property from public funded research.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 08 2014 | 10:35 PM IST

Next Story