Cabinet Approves National Intellectual Property Rights Policy
The process to register a trademark from 2017 will take months instead of years.
- 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)
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