The Commerce and Industry Ministry would send the draft National IPR Policy for Cabinet's approval after getting inputs from different departments, Union Commerce and Industry Minister Nirmala Sitharaman said on Monday.
A Government-appointed think-tank on IPR is preparing the draft policy, which seeks to encourage innovation by providing tax incentives and modifying intellectual property rights (IPR). She said different people, countries and organisations have already given their inputs on the draft policy.
“After adopting a transparent process of drafting this policy, it is now being with the Government for a month or two. It has gone to all the ministries, which is a necessary process, for inter-ministerial consultation.”