“The mindset of the government is to make the IPR policy more efficient and speedier,” she said, while addressing the World Intellectual Property Day celebrations here. She also gave away the National Intellectual Property Awards on the occasion
“India’s IPR policy is TRIPS (Trade Related Intellectual Property Rights) Acompliant and forward looking,” she said.
Sitharaman also said creating awareness is very important, and launching an IPR Awareness campaign in schools across the country by Cell for IPR Promotion and Management (CIPAM) is a step in creating a mindset and respect for innovation right from the schools.
On Tuesday, the CIPAM, in collaboration with the International Trademark Association (INT), started an IPR awareness campaign in schools from one such institution in the national capital.
A Union Commerce Ministry release here said that a programme is being worked out to conduct over 3,500 IPR awareness programmes in schools, universities and industries across the country, including in Tier 1, 2, and 3 cities, as well as in rural areas, along with translating content into various regional languages for a wider reach.
Earlier this week, the government extended the Start-Ups Intellectual Property Protection (SIPP) scheme for three years till March 2020 to ensure protection of entrepreneurs’ patents, trademark and designs.