Prelims 2017 · Economy · Question 59
With reference to the 'National Intellectual Property Rights Policy', consider the following statements:
- It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.
- Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
Which of the above statements is/are correct?
Answer
Both 1 and 2
Statement 1: Correct. The National IPR Policy, 2016 explicitly reaffirms India’s commitment to the Doha Development Agenda and the TRIPS Agreement, while safeguarding public interest.
Statement 2: Correct. The Department of Industrial Policy and Promotion (DIPP) was designated as the nodal department for IPR policy, promotion, and coordination in India (now DPIIT).
Therefore, both statements are correct.