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English Release 27-March 2015
Date Month Year
  • President's Secretariat
  • President of India Confers Bharat Ratna on Shri Atal Bihari Vajpayee
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  • Vice President's Secretariat
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  • PM expresses grief at the passing away of Brigadier T Sailo
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  • The Director General of the International Atomic Energy Agency calls on PM
  • Text of PM’s statement to the media after the Bharat Ratna award was conferred to Former PM Shri Atal Bihari Vajpayee
  • Text of PM’s address at inauguration ceremony of “Urja Sangam-2015”
  • Historic Day for India, says PM
  • Team of First All India Services Expedition to Mt. Everest calls on PM
  • PM at Urja Sangam 2015
  • Department of Space
  • ISRO gets Gandhi Peace Prize for 2014
  • Min for Develop. of North-East Region
  • Dr. Jitendra Singh announces 'DoNER at doorstep' concept
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  • Radha Mohan Singh Emphasises on the Importance of Soil Health Management, Irrigation and Organic Farming
  • Sowing Area under Rabi Rice and Summer Crops
  • Price Stabilisation Fund
  • State-Wise Revised Affected Area under Rabi Crops During end of February to till date 26.03.2015
  • Min of Comm. & Information Technology
  • Commemorative Postage Stamp release on Engineers India Limited (EIL)
  • Government to Invest 10 Billion US $ in the Chip Manufacturing Facilities Coming up in Gujarat and Uttar Pradesh
  • Min of Culture
  • ISRO gets Gandhi Peace Prize for 2014
  • Ministry of Finance
  • Field Offices Under Chief Commissioners of Customs/Central Excise/Service Tax to Remain open tomorrow, 28th March, 2015 to Facilitate filing of Returns/Payment of Taxes
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  • Need to enhance awareness among people to encourage organ donation: Health Secretary
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  • Government declared National Mourning on March 29, 2015
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  • Prime Minister inaugurates Urja Sangam 2015 - India’s Global Hydrocarbon Summit
  • Global crude oil price of Indian Basket was US$ 57.03 per bbl on 26.03.2015
  • Ministry of Railways
  • Report of Committee on Traffic Optimization Presented to Railway Minister within Stipulated Time
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  • Min of Rural Development
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  • Dr Harsh Vardhan Dedicates the “Apex Metrology Laboratory” at the National Physical Laboratory in New Delhi Today
  • Min of Textiles
  • Textiles Minister inaugurates 29th India Carpet Expo
  • Ministry of Water Resources
  • Storage Status of 85 Important Reservoirs of the Country as on March 26, 2015
  • Min of Youth Affairs and Sports
  • Government plans to launch - Ek Saal Desh Ke Naam
  • NITI Aayog
  • First meeting of sub-group on rationalisation of centrally sponsored schemes held by NITI Aayog

Previous Date

 
Ministry of Commerce & Industry27-December, 2004 16:55 IST
Introduction of new patent regime, phase-out of MFA open vast opportunities for India, says Kamal Nath

ORDINANCE AN IMPROVEMENT OVER LAST YEAR’S BILL – ORDINANCE TO BE DISCUSSED IN PARLIAMENT IN BUDGET SESSION

Shri Kamal Nath, Union Minister of Commerce & Industry, has said that with the coming of the New Year, two significant developments in the world of commerce and industry would open vast opportunities for India. "Both are connected with the world trading order, of which India is a part: one is the final phase-out of the Multi-Fibre Agreement, and the other is marked by India’s conformity with the international Intellectual Property System in all respects, on terms that are practical and credible", he said.

The Minister said that the Ordinance on Patents was the same as the Bill introduced last year but with improvements in some significant respect. Elaborating, he said, "we have introduced a provision for patenting of software that is embedded in hardware. We have also provided for a definite pre-grant opposition procedure. The earlier bill had only a post-grant opposition, with a weak pre-grant representation. After extensive discussions we have decided to have both pre-grant as well as post-grant opposition. Of course, we have rationalized the timelines, so as not leave everything open-ended, but have a definite time-table within which each of the stages should take place. This reduces by half the maximum time it would take for the processing of an application, from more than nine years to about four. Another significant modification is the introduction of a provision to protect Indian industry from infringement proceedings with retrospective effect. We have specifically provided that patent rights for mail box applications will only be available prospectively. We have made these changes after wide consultation, and we feel that these considerably improve the proposals". He further said that the Ordinance would be discussed in detail in Parliament in the Budget session.

Giving the background to the Ordinance, Shri Kamal Nath said that this Third Amendment was only the culmination of a process begun 10 years ago. The Bill was introduced in parliament a year ago by the previous government, but it lapsed (owing to the elections). "The new government set up a group of Ministers on the matter. It was our desire to bring the Bill to Parliament first. But it was also necessary to consult with all stakeholders and political parties. The last comments we received were on the 21st of December – and so it was not possible to bring the Bill to this session of Parliament. This has necessitated the Ordinance. The ordinance will be discussed in detail in Parliament in the Budget session. The ordinance is an interim measure to fulfill our legal obligations within the stipulated time".


(Release ID :6067)

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