Overview:
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Context
The U.S. Trade Representative (USTR) said in a report released last month that India was one of the most challenging major economies as far as IP protection and enforcement is concerned.
Background
Analysis
What is a patent?
A patent is an exclusive set of rights granted for an invention, which may be a product or process that provides a new way of doing something or offers a new technical solutions to a problems.
What is India’s Patent regime?
India’s Patent regime is governed by India’s Patent Act 1970, with the provision:
What does the Section 3 of Indian patent act deal with?
Judicial Intervention (Novartis v/s Union of India):
What are the major issues related to the Indian patent act?
Issues addressed by Parliamentary committee on Patents:
Issues with TRIPS agreement:
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Way Forward:
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