Cabinet Approves National Intellectual Property Rights Policy

The process to register a trademark from 2017 will take months instead of years.

By 2017, the process to register a trademark will be expedited with a timeline of months instead of years. (Photo: iStockphoto)

• The cabinet on Friday approved the National Intellectual Property Rights (IPR) Policy designed to safeguard trademark identities, Finance Minister Arun Jaitley said in New Delhi.
  
  
• The Department of Industrial Policy and Promotion has prepared the draft policy in this regard. The policy has seven objectives including public awareness, administration, enforcement and adjudication.
  
  
• By 2017, it will take only one month to register a trademark.

(With inputs from PTI)