December 25, 2025 09:34 pm (IST)
Follow us:
Arun Jaitley unveils country's first IPR policy
New Delhi, May 13 (IBNS) Announcing the country's first Intellectual Property Rights policy of the government, Union Finance Minister Arun Jaitley on Friday said from 2017 trade mark registration will take only a month.
"By 2017 trade mark registration will take only a month, not a year," he said.
Jaitley announced that the policy envisages many things starting online while there has been a huge change in copyright sector.
"Nodal agency to be Department Of Industrial Policy & Promotion, not Ministry of Human Resource Development which did it for copyright of books," he said.
The IPR policy was cleared by the Union cabinet on Thursday.
"Films, music, industrial drawings will be covered by copyright.
The objective behind the IPR policy is quite clear, when there are new inventions, when there is growth in trade, commerce and industry, an IPR must be there to protect them," the Minister said.
Jaitley announced that the policy envisages many things starting online while there has been a huge change in copyright sector.
"Nodal agency to be Department Of Industrial Policy & Promotion, not Ministry of Human Resource Development which did it for copyright of books," he said.
The IPR policy was cleared by the Union cabinet on Thursday.
"Films, music, industrial drawings will be covered by copyright.
The objective behind the IPR policy is quite clear, when there are new inventions, when there is growth in trade, commerce and industry, an IPR must be there to protect them," the Minister said.
"One of the underlying factors is that each man must sell his product under his / her own name and identity," he announced.
The NDA government had set up an IPR think tank in 2015 which submitted its report in April 2015.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Endgame for Maoists in India? Ganesh Uikey killed in Odisha encounter, Devuji only top leader left
Thu, Dec 25 2025
Unnao rape survivor’s fight continues: CBI to move Supreme Court against Kuldeep Sengar’s relief
Thu, Dec 25 2025
Horror on Karnataka highway: sleeper bus bursts into flames after truck crash, 9 killed
Thu, Dec 25 2025