Business Current Affairs - 2019

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Cabinet approves launch of National Mission on Interdisciplinary Cyber-Physical Systems

Union Cabinet has approved launching of National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS). It will be implemented by Department of Science &Technology under Ministry of Science and Technology for period of five years. The objective of Mission is to addresses ever increasing technological requirements of the society. It also takes into account international trends and road maps of leading countries for next generation technologies.

Implementation of this mission will develop and bring

  • Cyber Physical Systems (CPS) and associated technologies within reach in the country,
  • Adoption of CPS technologies to address India specific National / Regional issues,
  • Catalyze Translational Research,
  • Produce Next Generation skilled manpower in CPS,
  • Accelerate entrepreneurship and start-up ecosystem development in CPS,
  • Place India at par with other advanced countries and derive several direct and indirect benefits.
  • Give impetus to advanced research in CPS, Technology development and higher education in Science, Technology and Engineering disciplines.

NM-ICPS

It is comprehensive mission to address technology development, application development, human resource development & skill enhancement, entrepreneurship and start-up development in CPS and associated technologies.

It aims at establishment of 15 numbers of Technology Innovation Hubs (TIH), six numbers of Application Innovation Hubs (AIH) and four numbers of Technology Translation Research Parks (TTRP).

These Hubs & TTRPs will connect to Academics, Industry, Central Ministries and State Government in developing solutions at reputed academic, R&D and other organizations across the country in a hub and spoke model.

They have four focused areas along which mission implementation will proceed viz. (i) Technology Development; (ii) HRD & Skill Development; (iii) Innovation, Entrepreneurship & Start-ups Ecosystem Development; (iv) International Collaborations.

Strategic approach involving a suitable mix of Academic, Industry and Government is proposed to be adopted. Strong Steering and Monitoring Mechanisms in the form of Mission Governing Board (MGB), Inter-Ministerial Coordination Committee (IMCC), Scientific Advisory Committee (SAC) and other Sub-Committees will guide and monitor the Mission implementation.

Significance of Mission

It will act as engine of growth, benefiting national initiatives in health, education, energy, environment, agriculture, strategic cum security, and industrial sectors, Industry 4.0, SMART Cities and Sustainable Development Goals (SDGs). It will help bring paradigm shift in entire skill sets requirement. It will boost job opportunities by imparting advanced skills and generating skilled manpower as per requirement of the industry and society. It will support and encourage Central ministries and departments, state governments and also industry to effectively use CPS technologies in their projects and schemes for the benefit of the society.

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Patents granted by India up by 50% in 2017: WIPO

According to World Intellectual Property Indicators 2018 report released by United Nation’s World Intellectual Property Organisation (WIPO), number of patents granted by India shot up by 50% in 2017.  The patents granted by India increased from 8,248 in 2016 to 12,387 in 2017, thus keeping up trend of steep increases.

Key Facts

Patents granted in 2017 in India were more than double 6,022 patents granted in 2015. Of the patents granted in 2017, 1,712 went to entities and individuals based in India, and 10,675 to foreigners. The steep increase in number was driven by patents granted to foreigners, which accounted for 85% of total increase. The number of patents given to domestic entities also has shown increasing trend.

In 2016, 1,115 went to domestic individuals or entities and 7,133 to foreigners and in 2015, 822 were granted to applicants in India and 5,200 to foreigners. Globally, 1.4 million patents were granted in 2017. China led world with 4,20,144 granted patents and was followed by US with 3,18,829.

World Intellectual Property Organisation (WIPO)

It is the global body for promotion and protection of intellectual property rights (IPR). It is one of the 15 specialized agencies of United Nations (UN). It was established in 1967 and is headquartered in Geneva, Switzerland. Its mandate is to encourage creative activity, to promote the protection of intellectual property throughout the world.

It encourages and provides assistance to all its 188 member countries in formulating national IPR policy however it does not dictate or prescribe any mandatory measures. India is a member of WIPO and party to several treaties administered by WIPO.

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