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India 2018

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Industry 335<br />

Programme. For citizens, various aspects of the registration process have been<br />

made available online: citizens can review the property details using e-Search<br />

facility; citizens can carry out data entry in the system before going to the SR<br />

offices using the public data entry portal; appointment slots can also be booked<br />

using the eStepIn system, and make online payment using GRAS.<br />

Invest <strong>India</strong><br />

The government has established "Invest <strong>India</strong>" as the National Investment<br />

Promotion and Facilitation Agency, as a joint venture between the Department<br />

of Industrial Policy and Promotion (DIPP), state governments and the Federation<br />

of <strong>India</strong>n Chamber of Commerce and Industry (FICCI). A full-fledged<br />

"Investment Facilitation Cell" has been set-up in 'Invest <strong>India</strong>', which supports<br />

all investment queries apart from handholding and liaisoning with various<br />

agencies on behalf of potential investors. To further Government of <strong>India</strong>'s 'Make<br />

in <strong>India</strong>' vision of increasing investments, Department of Industrial Policy &<br />

Promotion has provided project-based funding support to Invest <strong>India</strong> to enable<br />

the company operate as a full-fledged investment promotion agency. Invest<br />

<strong>India</strong> acts as a facilitation arm for the Government of <strong>India</strong> for two of its key<br />

initiatives - "Make in <strong>India</strong>" and "Start-up". Investment <strong>India</strong> provides complete<br />

end-to-end facilitation support to companies looking at investing in <strong>India</strong> by<br />

working very closely with the relevant stakeholders in the Government of <strong>India</strong>,<br />

Industry Associations, Private companies and <strong>India</strong>n Embassies abroad.<br />

Intellectual Property Rights<br />

The term Intellectual Property (IP) reflects the idea that its subject matter is<br />

product of mind or intellect. These could be in the form of patents; trademarks;<br />

geographical indications; industrial designs; semiconductor integrated circuits<br />

layout-design; plant variety protection and copyright. IP, protected through<br />

law, like any other form of property, can be a matter of trade, i.e., it can be<br />

owned, bequeathed, sold or bought. IP is also foundation of knowledge-based<br />

economy. It pervades all sectors of economy and is increasingly becoming<br />

important for ensuring competitiveness of enterprises. <strong>India</strong> has a wellestablished<br />

legislative, administrative and judicial framework to safeguard<br />

Intellectual Property Rights, which meets its international obligations while<br />

utilizing the flexibilities provided in the international regime to address its<br />

developmental concerns. <strong>India</strong> has a Trade Related Aspects of Intellectual<br />

Property Rights (TRIPS) compliant, robust, equitable and dynamic IPR regime.<br />

The <strong>India</strong>n IP system maintains a fine balance between private rights<br />

through IPRs on one hand, and rights of the society as public interest on the<br />

other hand. TRIPS Agreement has allowed policy space to countries to evolve a<br />

regime that best suits its condition. This policy space is a sine qua non for<br />

sustainable development of the country. <strong>India</strong> is a party to Doha Declaration<br />

on the TRIPS Agreement and Public Health which clarifies that TRIPS agreement<br />

does not and should not prevent members from taking measures to protect<br />

public health. <strong>India</strong> was the first country to ratify the Marrakesh Treaty which

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