National Intellectual Property Rights Policy

The Union Government has approved National Intellectual Property Rights (IPR) Policy, 2016 to promote the IP regime and to encourage innovation, creativity and entrepreneurship in India.

The first of its king policy in the country seeks to strengthen legislative and legal framework of IPRs, their commercialization and reinforce enforcement and adjudicatory mechanisms for IPR infringements.

Seven Objectives

• IPR Awareness:Outreach and Promotion- It seeks to create public awareness about the social, economic and cultural benefits of IPRs among all sections of society.
• Generation of IPRs: It seeks to stimulate the generation of IPRs.
• Legal and Legislative Framework: It call for a strong and effective IPR laws, which will have balance the larger public interest and interests of rights owners.
• Administration and Management:It seeks to strengthen and modernize service-oriented IPR administration.
• Commercialization of IPRs:Provide appropriate value for IPRs through commercialization.
• Enforcement and Adjudication: Seeks to strengthen the adjudicatory and enforcement mechanisms for combating IPR infringements.
• Human Capital Development:Seeks to expand and strengthen human resources, capacities and institutions for teaching, research, training and skill building in IPRs.

Other highlights of the Policy

Recognises abundance of innovative and creative energies in the country and prioritizes the need to tap and channelise these energies towards a better and brighter future for all.