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Highlighting the purpose of granting patents, discuss the issues concerning it and suggest solutions to address them for India.

Topic Science and Technology: issues relating to intellectual property rights;

6. Highlighting the purpose of granting patents, discuss the issues concerning it and suggest solutions to address them for India. (250 Words)

Reference: The Hindu

Why the question:

The recent report of the Economic Advisory Council to the Prime Minister (EAC-PM), Why India Needs to Urgently Invest in its Patent Ecosystem? highlights the significance of a robust patent system for a knowledge economy and for the promotion of technological innovations. 

Key Demand of the question:

Patents, their issues and solutions.

Directive word: 

Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.

Structure of the answer:

Introduction:

Give a brief introduction of what is Patent.

Body:

Give its significance to India. Mention section 146(2), Patents Act, 1970 a unique provision not found in patent laws of most other countries. Talk about its needs for India as a developing country and mention the example of a Compulsory license for the production of Bayer Corporation’s Nexavar. You may mention, the amendment to the Patent Rules, 2020 and form 27 which has caused dilution of section 146(2).

Next, list down a few issues- at the national as well as at the International level.

Then, suggest solutions for it.

Conclusion:

Conclude by giving a way forward for the patent regime in India.