Question

Write short note on National regime of IPRS.

Answer 1

The Policy acknowledges the importance of innovation and creativeness in the growth and development of a knowledge economy. It equates innovation with generation of IPs the dual focus of the policy is enabling commercialisation of IPs through awareness generation, and easing administrative bottlenecks by easing procedures. Copyrights, presently administered by the Ministry of Human Resources, are sought to be brought within the purview of the Department of business Policy and Promotion (DIPP) to form them uniform with the opposite IPs.