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The Cabinet Committee on Economic Affairs has approved the continuation of the Plan scheme to modernise and strengthen Intellectual Property (IP) offices during the 12th Plan period. The overall project cost would be ₹309.6 crore, of which ₹258 crore will be spent during the 12th Plan and ₹51.6 crore in the 13th Plan, an official release said. The scheme will strengthen the Office of the Controller General of Patents, Designs and Trademarks and address the increase in the number of filings of IP applications. It will address growing international commitments due to the operationalisation of the Madrid Protocol and status of International Search Authority / International Preliminary Examining Authority (IPEA), the release added.
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