Q. SIPP scheme often seen in news is related to which of the following?

[A] Small and medium enterprise development

[B] Start-ups promotion

[C] Space programmes

[D] Smart city programme

Answer: B

Startups Intellectual Property Protection (SIPP) scheme enables a start-up to seek assistance from any empanelled facilitator to file and prosecute their application.  

The facilitator can claim payment for the services given to the start up from the Office of the Controller General of Patents, Designs and Trademarks (O/o CGPDTM) on submission of certificate in prescribed format. 

Source: Economic Survey 2020 – 2021