National IPR Policy

The Policy

Wallpaper of National Intellectual property Rights Policy

Formulated after intensive stakeholder consultation with nearly 300 organisations and individuals by an IPR Think Tank, as also 31 departments of the Government of India
Approved on 12 th May 2016 by the Government of India
A vision document that encompasses and brings to a single platform all IPRs, taking into account all inter-linkages within the Indian IP ecosystem, aimed at creating and exploiting synergies between all forms of intellectual property (IP), concerned statutes and agencies
Sets in place an institutional mechanism for implementation, monitoring and review and aims to incorporate and adapt global best practices to the Indian scenario
Reiterates India’s commitment to the Doha Development Agenda and the TRIPS agreement
Recognizes that India has a well-established TRIPS-compliant legislative, administrative and judicial framework to safeguard IPRs
Balances the interests of rights owners with larger public interest
To create awareness about IPRs as a marketable financial asset and economic tool; ensure monetization of India’s ‘frugal engineering’ strength
Serves as a guide on the IPR regime in India for times to come by ensuring that the IP regime is characterized by single-mindedness of purpose and direction
Positions India as an economy conducive to innovation and enables channelizing of the strengths of various stakeholders for the same
To place before the world a vibrant and predictable IP regime with a stable, transparent and service-oriented IPR administration to stimulate creativity and innovation
IPR Policy to be reviewed every five years; Committee under Secretary, DIPP for regular appraisal

Vision Statement

An India where creativity and innovation are stimulated by Intellectual Property for the benefit of all; an India where intellectual property promotes advancement in science and technology, arts and culture, traditional knowledge and biodiversity resources; an India where knowledge is the main driver of development, and knowledge owned is transformed into knowledge shared.

Mission Statement

To stimulate a dynamic, vibrant and balanced intellectual property rights system in India to:

foster creativity and innovation and thereby, promote entrepreneurship and enhance socio-economic and cultural development, and
focus on enhancing access to healthcare, food security and environmental protection, among other sectors of vital social, economic and technological importance

Objectives

7 core objectives, with a number of actionable steps to be implemented by nodal Departments, in coordination with other departments, State Governments, industry and various stakeholders.Department of Industrial Policy and Promotion (DIPP) responsible for overall coordination.
The broad contours of the National IPR Policy with some key action points are delineated below:

IPR Awareness: Outreach and Promotion

Generation of IPRs

Legal and Legislative Framework

Administration and Management

Commercialization of IPRs

Enforcement and Adjudication

Human Capital Development