Committed to Enhance IPR Ecosystem to Nurture Innovation in Knowledge Economy- Piyush Goyal

Further, given the key role played by MSMEs in the economic growth of India, it is proposed to reduce the fees for various IPRs.

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SMEStreet Desk
New Update
Piyush Goyal

Recognising the importance of nurturing innovation and creativity in a knowledge economy, India is taking great strides in strengthening its intellectual property ecosystem.

Further, given the key role played by MSMEs in the economic growth of India, it is proposed to reduce the fees for various IPRs as follows:

IPR ACTIVITY CATEGORY CURRENT FEES PROPOSED FEES REDUCTION (%)
PATENTS FILING MSME 4000/ 4400 1600/ 1750 60
REQUEST FOR EXAMINATION 10000/ 11000 4000/ 4400 60
EXPEDITED EXAMINATION (only e-filing) 25000 8000 68
RENEWAL 2000 to 20000 (+10% for physical filing) 800 to 8000 (+10% for physical filing) 60
DESIGNS FILING MSME/ Startup 2000 1000 50
GEOGRAPHICAL INDICATIONS REGISTRATION AUTHORISED USER 500 NIL 100
ISSUANCE OF REGISTRATION CERTIFICATE 100 NIL 100
RENEWAL 1000 NIL 100

 

Fees structure is for e-filing/ physical filing. Draft Rules for amendment in GI Rules have been notified.

National IPR Policy adopted by the Government in 2016 has paved the way to further strengthen the IPR regime in the country. Already, the concrete steps undertaken in the past 5 years have seen IP filings rise:

Filing of IP applications Increase from 2013-14 to 2018-19 (%)
Patents 18
Trademarks 69

 

Domestic filing for patents has increased from 22% in 2013-14 to 34% in 2018-19. Awareness programmes for IP are being conducted at schools, colleges, universities, R&D institutes and industry clusters. Multi-pronged strategies have been used to address the issue of pendency in IP applications, including manifold augmentation of manpower and streamlining of procedures. These strategies have paid rich dividends, and there has been a sharp jump in the disposal of IP applications:

Disposal of IPR applications Increase from 2013-14 to 2018-19 (%)
Patents 353
Trademarks 395
IPR Piyush Goyal