TMI BlogSimplified Patent and Copyright Registration helping India become an innovation hub : Shri Piyush GoyalX X X X Extracts X X X X X X X X Extracts X X X X ..... Simplified Patent and Copyright Registration helping India become an innovation hub : Shri Piyush Goyal - News and Press Release Dated:- 2-8-2021 - News - Simplified Patent and Copyright Registration helping India become an innovation hub : Shri Piyush Goyal Fees for Start-ups, MSMEs, Women Entrepreneurs reduced by 80% India sees four fold increase in Patent and Trade Mark registrations d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uring the last 5 years India s ranking in Global Innovation Index up from 81st to 48th position Union Minister for Commerce Industry, Consumer Affairs and Textile, Shri Piyush Goyal has expressed satisfaction over the reforms introduced in examining and granting of patents, designs, copyrights and trademarks, saying the ease of doing business will go a long way in catapulting India as a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n innovation hub. The Minister reviewed the functioning of the Office of Controller General of Patents, Designs and Trademarks in Mumbai yesterday and deliberated on ways to build a robust Intellectual Property Rights infrastructure. Shri Goyal reiterated Government s commitment to bolster the ecosystem of patents, design, trademarks, GI (Geographical Indication) systems; to encourage innova ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion, research development in the country and bring newer inventions and knowledge from India's heritage systems to global platform. He emphasized Prime Minister Shri Narendra Modi has been closely monitoring developments in this field since 2014 itself. Shri Goyal while speaking about the CGPDT s speedy disposal of applications informed that, The pendency in the IPR department has c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ome down drastically. It has also been decided that any pending application should be completed within days and not months. Fees for Start-ups, MSMEs, women entrepreneurs reduced by 80% Shri Goyal also mentioned about the reduction in fee allowed by the department in order to help and support Startups and Women entrepreneurs in the country. Filing fees for Startups, MSMEs, Women entrepren ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eurs has been reduced by 80%. The Minister added that emphasis has been laid on using Digital means. Every application is now processed online from start to finish, hearings are conducted on phones, people don t have to travel to patent offices now. Shri Goyal also made a few suggestions to make the whole process more user friendly. He called for more efforts to increase awareness about GI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tag and its significance. He also asked to consider instituting scholarships for students studying the Intellectual Property law as well as engage faculty from renowned institutions on a part time basis to help in the patent examination process. Simplified procedure, growing innovation Officials of CGPDT briefed how the IP process has been simplified and streamlined than before and also ab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... out the re-engineering of the whole process including new timelines for disposal and shift to digital mode to promote ease of filing and obtaining services. For example, under Trade Mark Rules 74 Forms have been replaced by 8 Consolidated Forms. They also mentioned that special care is being given to expedite examination of patents filed especially for applications filed by Startups, Women Entr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... epreneurs etc. While assessing impact of measures taken, it is noted that E-filing has increased from 30 % to more than 95%. India has also seen a rapid increase in grant of patents, copyrights in the last 5-6 years. The number of patents granted has gone up from 6,326 in 2015-16 to 28,391 in 2020-21, while Trade Marks registration has shot up from 65,045 in 2015-16 to 2,55,993 in 2020-21. Sim ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilarly, while 4,505 Copyrights were granted in 2015-16, a total of 16,402 were granted last fiscal. These developments have reflected positively in improvement of India s ranking in Global Innovation Index. India has climbed 33 notches from 81 st position in 2015-16 to 48 th in 2020. About the Office of Controller General of Patents, Designs and Trademarks The Office of the Control ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ler General of Patents, Designs Trade Marks (CGPDTM) is located at Mumbai. It functions under the Department of Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce Industry. The Controller General supervises the working of the Patents Act, 1970, the Designs Act, 2000 and the Trade Marks Act, 1999 and also renders advice to the Government on matters relating to these subj ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ects. The Head Office of the Patent office is in Kolkata, Trade Mark Registry is in Mumbai and the GI Registry is in Chennai. The Offices of The Patent Information System (PIS) and National Institute of Intellectual Property Management (NIIPM) are at Nagpur. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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