Government is keeping a close eye on how well the startup action plan is shaping up
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Prime Minister Also read: Modi’s Startup Action Plan: Old wine in a new bottle?
As per reports,
DIPP recently revised the patent rules so that start-ups can get a conducive environment, after which it has now put together a group of 280 experts, including lawyers and consultants, who would be assisting these start-ups in filing their patent applications.
Also read: Global start-ups will now be able to register cheaper & faster patents in India
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As per the amended patent rules, patents can be registered faster than before, and companies who follow the definition of 'start-up' also stand eligible for special benefits. Other than this, the government also wants to open incubation centres all across India so that the start-up movement can be spread to tier-II and III cities, with an increased focus on the north eastern states.
Also read: Next week onwards, register your start-up with in one day
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