SME Times News Bureau | 28 Apr, 2018
of Industrial Policy and Promotion (DIPP) Secretary
Ramesh Abhishek Friday said that the
government has accorded the highest priority to capacity building and
enforcement of Intellectual Property (IP) laws.
innovation and creativity India could not hope to become a 10
trillion-dollar economy by 2030," he said.
was speaking at a conference on 'Promoting Innovation,
Creativity & IP Generation among Women Entrepreneurs' on the
occasion of World IP Day 2018, organised by the Federation of Indian
Chambers of Commerce and Industry (FICCI) in association with DIPP.
highlighted several improvements and new initiatives taken post
announcement of the IPR Policy in 2016 and said that patent
examination, disposal and copyright applications and registration had
seen a dramatic increase in the last two years. "Around 17000
patent applications were examined during 2015-16, which improved to
around 60000 applications examined during the last fiscal," he
said, and added, "Time taken to examine patent applications has
also reduced from 13 months to less than a month currently."
a lot more needed to be done to create enabling structures to promote
creativity among women.
a video message to the participants, Suresh Prabhu, Union
Minister for Commerce and Industry, emphasised that IP
protection be critical for promoting innovation. He said the
government was committed to spurring innovation by focusing on all
aspects of IP protection, including legislative, administrative,
enforcement and prosecution measures.