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PRESS INFORMATION BUREAU

18-November -2023

1. Prime Minister acknowledges highest ever number of patents granted so far in 2023-24

Topic: GS3 – patents and trademarks

Context:

  • Prime Minister Narendra Modi acknowledges the highest number of patents granted in 2023-24.
  • Union Minister of Commerce and Industry, Piyush Goyal, made the announcement.
  • The Prime Minister considers it a notable feat and a milestone in India’s journey towards an innovation-driven knowledge economy.

Patents in India:

 Patents are crucial for protecting intellectual property and fostering innovation in various fields, including pharmaceuticals, biotechnology, and technology. In India, the patent system is governed by the Patents Act of 1970, which has undergone several amendments over the years to align with international standards.

Eligibility for Patent Protection

In India, inventions are eligible for patent protection if they meet the following criteria:

  • Novelty: The invention should be new and not have been publicly disclosed or used before the filing of the patent application.
  • Non-obviousness: The invention should not be obvious to a person skilled in the relevant art.
  • Industrial applicability: The invention should be capable of industrial application, meaning it can be manufactured or used in an industry.

Types of Excluded Inventions

Certain types of inventions are excluded from patent protection in India, including:

  • Discoveries, scientific theories, and mathematical methods
  • Plants and animals, except for microorganisms
  • Methods of treatment of human or animal body by surgery or therapy
  • Processes for producing agricultural products

Patent Term

The term of a patent in India is typically 20 years from the date of filing of the patent application.

Significance of Patents in India

Patents play a vital role in India’s economic growth and development by:

  • Protecting intellectual property and encouraging innovation
  • Promoting technology transfer and collaboration
  • Attracting foreign investment
  • Strengthening India’s position in the global market

Conclusion

         Patents are essential tools for safeguarding intellectual property and fostering innovation in India. The Indian patent system has evolved to meet the needs of a rapidly developing economy and aligns with international standards. By securing patents, Indian inventors and businesses can reap the rewards of their creativity and contribute to the country’s technological advancement.

Question: Critically examine the role of patents in fostering innovation and promoting economic growth in India. Highlight the challenges and opportunities associated with the Indian patent system. 

Source: https://pib.gov.in/PressReleseDetail.aspx?PRID=1977531

2. India aims to lead Global Maritime sector with the success of PM Maritime Amritkaal Vision: Shri Sarbananda Sonowal

Topic: GS3 – Maritime sector

Context:

  • Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, chaired a mid-term review meeting to discuss the progress of 162 projects with a Rs. 1 trillion investment, aimed at realizing the ‘PM Maritime Amritkaal Vision’ by 2047.

What are the initiatives undertaken?

  • India is working towards becoming a global leader in the maritime sector by 2047.
  • The Ministry of Ports, Shipping & Waterways (MoPSW) is reviewing the progress of 162 projects with an investment of Rs. 1 trillion.
  • The government is focusing on building “Made In India” Green Tugs at Cochin Shipyard.
  • Deendayal Port Authority and VO Chidambaranar Port Authority are setting up Green Hydrogen Hubs.
  • The government is also focusing on developing inland waterways and promoting lighthouse tourism.

Source: https://pib.gov.in/PressReleseDetail.aspx?PRID=1977706

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