PATENT SYSTEM IN INDIA

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Picture Courtesy: vakilsearch.com

Context: A Member of the Economic Advisory Council to the Prime Minister of India, has announced that India is on track to issue 1,00,000 patents per year within the next 18 months.

Details

PATENT:  https://www.iasgyan.in/daily-current-affairs/patent#:~:text=As%20per%20the%20Indian%20Patents,part%20of%20the%20public%20domain.

Must Read Articles:

INTELLECTUAL PROPERTY RIGHTS: https://www.iasgyan.in/ias-gazette-magazine/perspective-intellectual-property-rights

Economic Advisory Council to the Prime Minister: https://www.iasgyan.in/daily-current-affairs/eac-pm

PRACTICE QUESTION Q. What are the key challenges and opportunities associated with the patent system in India, particularly in the context of promoting innovation and protecting intellectual property rights?