Don’t miss the latest developments in business and finance.

India has strength in design but outpaced in intellectual property registrations: Shashi Tharoor

Image
ANI General News
Last Updated : Nov 26 2019 | 11:30 PM IST

India has strength in design but was being outpaced in intellectual property registrations, Congress leader Shashi Tharoor said on Tuesday.

Taking part in the debate on the National Institute of Design (Amendment) Bill 2019 in the Lok Sabha, Tharoor said, "The legislation was a missed opportunity as it confers the status of institutions of national importance to National Institutes of Design in Andhra Pradesh, Madhya Pradesh, Assam and Haryana but does not define institution of national importance."

He said the design was crucial for enhancing India's soft power.

Referring to India's Mars orbiter Mangalyaan, he said it was made in the budget which was less than that of Hollywood movie Gravity and showed how Indians can embrace frugality to design.

However, he said India was being "outpaced in intellectual property registrations."

He said in India's registrations in industrial design were 2.9 per cent of US and 1.23 per cent of China.

Also Read

The bill seeks to declare the National Institutes of Design in Andhra Pradesh, Madhya Pradesh, Assam and Haryana, as institutions of national importance.

The Bill seeks to amend the National Institute of Design Act, 2014, which declares the National Institute of Design, Ahmedabad as an institution of national importance.

At present these institutions do not have the power to grant degrees or diplomas and can do so after the bill is passed by Parliament.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 26 2019 | 7:15 PM IST

Next Story