Government offers option of Tatkal for specific category of startups
Q. Government is offering the option of Tatkal to which category of enterprises?- Published on 18 May 16a. Start ups opting for India as first filling of patent
b. Entities opting for India as first filing of patent
c. Both of the above
d. Commercial Banks
ANSWER: Both of the above
To streamline the patent regime, government has modified rules offering option of Tatkal for clearance of applications by start ups or those entities which opt for India as first filing of patent.
- Government also plans to cut down time period for giving grants to patients two and a half years immediately and one and a half years by March 2018.
- The current period is 5 to 7 years
- According to modified patent rules, entitles can choose fast clearance route for obtaining patent through payment of extra fees if they select India as International Search Authority or International Preliminary Examining Authorities and file applications in India first
- Benefits of modified rules will be applicable for fresh applicants only.