Startups Intellectual Property Protection (SIPP) Scheme | UPSC Daily Current Affairs 2023

👉The Ministry of Commerce and Industry recently announced that IP facilitator charges have increased by almost 50% for patent filing under the SIPP scheme.

👉SIPP scheme launched by Government of India, facilitates the start-ups to file applications for patents, designs and trademarks through registered facilitators in appropriate IP offices by paying only the statutory fees.

👉Any Start-Up certified by the Start-up Certification Board as having an innovative business.

👉For effective implementation of the scheme, facilitators shall be empanelled by the Controller General of Patent, Trademark and Design (CGPDTM).

👉The CGPDTM shall regulate conduct and functions of empanelled facilitators from time to time.

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