Intellectual Property Rights Current Affairs - 2019
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The International IP Index 2019 released by the U.S. Chamber of Commerce’s Global Innovation Policy Center (GIPC) makes the following observations related to India:
- India experienced its second consecutive year of growth in the IP global ranking, jumping eight places from 44th to 36th.
- The jump in the ranking is attributed to the recognition of international standards of copyright protection and incentives for intellectual property.
- The report notes that the improvement reflects important reforms implemented by Indian policymakers towards building and sustaining an innovation ecosystem for domestic entrepreneurs and foreign investors alike.
- India’s overall score has also increased substantially from 30.07% (12.03 out of 40) in the 2018 index to 36.04% (16.22 out of 45) in 2019.
- India’s score represents the largest gain of any country measured on the Index.
- The weakness of India as highlighted in the report are barriers to licensing and technology transfer, including strict registration norms, limited framework for the protection of biopharmaceutical IP rights, patentability rules outside international standards, lengthy pre-grant opposition proceedings and previously used compulsory licensing for commercial and non-emergency situations as key hurdles.
The report notes that the most substantial movement can be seen from India, which has surged almost 20 per cent and climbed eight places in the IP Index rankings from 44th to 36th.
The official website of Cell for IPR Promotion and Management (CIPAM) of Department of Industrial Policy and Promotion (DIPP) was launched in New Delhi Commerce and Industry Minister Suresh Prabhu.
The interactive website will provide regular updates on all upcoming events of CIPAM including awareness and sensitization programs and also provide information related to Intellectual Property Rights (IPR).
The website will also provide regular updates on latest IP trends – statistics on applications filed, examined, grants and disposal for various IPRs. It will also provide information on various initiatives being taken by Government to strengthen IPR regime in country.
It will also provide latest news and updates, specially curated feed on all latest happenings in world of IP and blogs by CIPAM and IP experts. It will also make available resource material on IPRs specially curated for various levels schools, universities, industry and enforcement agencies.
The CIPAM is nodal agency under aegis of Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry. Its mandate is to effectively implement National Intellectual Property Rights (IPR) Policy adopted in May 2016. It has undertaken several measures to strengthen IP ecosystem incountry.