{"id":200995,"date":"2022-08-22T17:34:46","date_gmt":"2022-08-22T12:04:46","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=200995"},"modified":"2022-08-22T17:34:46","modified_gmt":"2022-08-22T12:04:46","slug":"patently-inadequate","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/patently-inadequate\/","title":{"rendered":"Patently Inadequate"},"content":{"rendered":"\n<p><strong>Source<\/strong>: The post is based on an article <strong>\u201cPatently inadequate\u201d<\/strong> in <strong>The Times of India<\/strong> on <strong>22<sup>nd<\/sup> August 2022<\/strong>.<\/p>\n<p><strong>Syllabus: <\/strong>GS 3 issues relating to Intellectual Property Rights.<\/p>\n<p><strong>News:<\/strong> Recently, the Prime Minister\u2019s Economic Advisory Council published a working paper on patents in India, which points out issues in the system of granting patents in India.<\/p>\n<p><strong>What are the findings of the report?<\/strong><\/p>\n<p>The <strong>World Intellectual Property Organisation (WIPO)<\/strong> 2010-19 data showed that Indians filed nearly a similar number of applications within the country (1. 2 lakh) as well as abroad (1. 07 lakh). However, only 13,670 patents were granted in India against 44,000 granted abroad.<\/p>\n<p>At present, India\u2019s average time taken to dispose of applications is 58 months against 15 in Japan, 20 in China, and 21 in the US.<\/p>\n<p>The PMEAC\u2019s report notes that manpower at the patent\u2019s office is woefully inadequate, leading to delayed issuing of patents. India\u2019s patent office had just 858 examiners and controllers in 2020 against over 13,000 in China and 8,000 in the US.<\/p>\n<p><strong>What are the consequences of delayed patenting?<\/strong><\/p>\n<p>Due to the delayed issuing of patents, other countries that quickly process patent applications get an unnecessary advantage.<\/p>\n<p>Slow disposal not only delays new technologies but also sends serious Indian innovators abroad or leads to a brain drain.<\/p>\n<p>Patents help start-ups secure funding, which in turn creates jobs.<\/p>\n<p><strong>What should be the course of action?<\/strong><\/p>\n<p>At present, <strong>India is betting big on start-ups to drive innovation and create jobs<\/strong>. Therefore, it is imperative that the patenting process must be made faster.<\/p>\n<p>The <strong>Government of India has announced its program to fill 10 lakh central government vacancies by 2024 to tide over the job crisis<\/strong>. Therefore, hiring should be done in the right areas. As per the PMEAC paper, around 2,000 persons must be hired for the patent office in India.<\/p>\n<p>There should be time-bound clearances, i.e., a few months or weeks for each stage of the patent-granting process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on an article \u201cPatently inadequate\u201d in The Times of India on 22nd August 2022. Syllabus: GS 3 issues relating to Intellectual Property Rights. News: Recently, the Prime Minister\u2019s Economic Advisory Council published a working paper on patents in India, which points out issues in the system of granting patents in&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/patently-inadequate\/\">Continue reading <span class=\"screen-reader-text\">Patently Inadequate<\/span><\/a><\/p>\n","protected":false},"author":10343,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10496],"class_list":["post-200995","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704840448},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/200995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10343"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=200995"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/200995\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=200995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=200995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=200995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}