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With reference to the ‘National Intellectual Property Rights Policy’, consider

With reference to the ‘National Intellectual Property Rights Policy’, consider
the following statements:
1. It reiterates India’s commitment to the Doha Development Agenda and the TRIPS
Agreement.
2. 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?

(a)

1 only

(b)

2 only

(c)

Both 1 and 2

(d)

Neither 1 nor 2

Answer:

(c)

CA

Explanation

The National IPR Policy recognizes that India has a well-established TRIPS-compliant legislative, administrative and judicial framework to safeguard IPRs, which meets its international obligations while utilizing the flexibilities provided in the international regime to address its developmental concerns. It reiterates India’s commitment to the Doha Development Agenda and the TRIPS agreement. It is monitored by DIPP (the nodal department to coordinate, guide and oversee implementation and future development of IPRs in India) www.civilsdaily.com/story/intellectual-property-rights-regime/