Cabinet approves Patent Prosecution Highway programme
The said programme will initially commence between Japan Patent Office (JPO) and Indian Patent Office, under the Controller General of Patents, Designs and Trade Marks (CGPDTM), on pilot basis for a period of three years only, an official statement said.
Under this pilot programme, the Indian Patent Office may receive patent applications in certain specified technical fields only, namely, electrical, electronics, computer science, information technology, automobiles and metallurgy while JPO may receive applications in all fields of technology, it said.PPH programme would lead to benefits for the Indian IP office, including reduction in time to dispose patent applications and reduction in pendency of patent applications. Advertisement
It will lead to improvement in quality of search and examination of patent applications.
It will also provide an opportunity for Indian inventors including MSMEs and startups to get accelerated examination of their patent applications in Japan.Besides, the Cabinet has cleared the extension/renewal of Pharmaceuticals Purchase Policy (PPP) for pharmaceutical Central Public Sector Undertakings (CPSUs) till their closure/strategic disinvestment.
Extension/renewal of the policy would help the pharma CPSUs in optimum utilisation of their existing facilities, enable them to generate revenues to pay salaries to their employees, help them in keeping the costly, sophisticated machinery in running condition resulting in higher return at the time of disposal in case of CPSUs under closure and better valuation in case of CPSUs under disinvestment, it said. DP ABM
(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)
- video conferencing platform Zoom app fixed a security issue today
- CBSE and IBM's Artificial Intelligence curriculum set to be introduced in 200 schools in India
- Google, Facebook investing in Jio shows both see value, opportunities to co-exist: Report
- Easy ways to check your bank account balance on your phone
- Simple steps to run zoom meeting app on your laptop or phone