With reference to the ‘National Intellectual Property Rights Policy’, consider the following statements:
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It reiterates India’s commitment to the Doha Development Agenda and the TRIPS
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Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
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It reiterates India’s commitment to the Doha Development Agenda and the TRIPS
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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?
Correct Answer: Option C
The National Intellectual Property Rights (IPR) Policy was introduced, in part, to reaffirm India's dedication to the Doha Development Agenda and the TRIPS (Trade-Related Aspects of Intellectual Property Rights) agreement.
The Department of Industrial Policy and Promotion (DIPP), now known as the Department for Promotion of Industry and Internal Trade (DPIIT), serves as the nodal agency for coordinating, guiding, and overseeing the implementation and future development of IPRs in India.
Statement 1 is correct. Statement 2 is correct. Hence, both statements are correct.
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