DIPP hopes to finalise new IPR policy in few months

The Department of Industrial Policy & Promotion is hopeful of putting the new Intellectual Property Rights (IPR) policy in the public domain in the next few months.

"The final draft on the IPR policy submitted by the think-tank on IPR has just been sent to various ministries and departments for their comments and inputs. We hope to bring the policy in the public domain in the next few months," Rajiv Aggarwal, Joint Secretary, DIPP, said speaking at a seminar on IPR issues organised by industry body FICCI on Wednesday.

A think-tank headed by Justice Prabha Sridevan was constituted last year by the Government to highlight anomalies in the current IPR legislations and to advise the DIPP on possible solutions.

The new policy proposes to bring clarity in existing laws and safeguard the interests of Indian industry.

Aggarwal said the Government had not yet decided whether the proposed policy, after changes are incorporated in it following inter-ministerial consultations, would be put up for stakeholder comments.

"We have to decide whether we would ask for public comments again," Aggarwal told BusinessLine.

Public comments were extensively sought by the DIPP, both for coming up with the first draft of the IPR policy and then for revising it.