India’s Finance Minister, Nirmala Sitharaman, addressed the issue of intellectual property rights (IPRs) and their impact on research and development (R&D). She highlighted the need to strike a balance between IPRs and development needs, stating that the goal is to make IPR laws a facilitator and booster for R&D rather than a barrier. Sitharaman reassured that India’s IP regime remains compliant with the Trade-Related Aspects of Intellectual Property Rights (TRIPS) framework of the World Trade Organization (WTO)…
Initiatives taken to boost R&D need to balance IPRs with development needs, says FM Sitharaman
