FM ANNOUNCES INTELLECTUAL PROPERTY RIGHTS POLICY OF INDIA
New Delhi: Finance Minister Arun Jaitley finally announced the policy of Intellectual Property Rights (also known as IPR) for India. IPR policy of India are designed in compliance with the policies followed by the World Trade Organisations.
The new IPR policy is being seen as corroborative measures to make many schemes of the Central Government as successful one.
This policy is aiming at augmenting the awareness among the young and new entrepreneurs to avail all the humongous opportunities provided by the Central Government like Mudra Yojna, Startup India , Make in India etc. There will be further optimization in the existing process of copyright and trademark.
Newsambit talked to many youngsters who are eyeing to initiate their business units in India where they have welcomed this policy in a way to safeguard their diligence and the effort which they are willing to make for innovation and research so that nobody else can take the credit of their hardwork.
Policy will provide a short and easy road map to an entrepreneur for obtaining all the copyrights and Intellectual Property Rights with in a very minimal period of time. Department of Industrial Policy and Promotion will be regulating the process of obtaining the IPRs in India.