The National Intellectual Property Rights (IPR) Policy will send a clear message to Washington that India’s IPR regime is not regressive, Commerce & Industry Minister Nirmala Sitharaman said. “Any patent holder anywhere in the world need not fear that India’s IPR policy is regressive. The Special 301 Report — a review of IPR regimes of U.S trading partners — had retained India on the ‘Priority Watch List’ in 2016 for not addressing “long-standing and systemic deficiencies in its (India’s) IPR regime.”The IPR Policy, announced ahead of Modi’s visit, has brought greater clarity on India's stance on IPR issues,” she said. On other issues, Sitharaman said the IPR Policy will promote India’s indigenous knowledge on water conservation measures — a point raised by Water Resources Minister Uma Bharti in the cabinet meeting. IPR Policy will promote indigenous knowledge on water conservation steps.

Source: The Hindu May 16, 2016 13:48 UTC