DATE | CATEGORY | TITLE |
21/04/2023 | News & Updates | CGPDTM restored Abandoned Applications/Oppositions to Original Status
CGPDTM issued public notice as per undertaking given before the Hon’ble High Court of Delhi and in compliance of the above said order dated 13/04/2023, that the two Public Notices dated 6th February 2023 (notified in Trade Marks Journal No: 2090) and two Public Notices dated 27th March 2023 (notified in Trade Marks Journal No: 2097) stands withdrawn and all the applications are getting restored to the original status within the time frame stipulated by the Hon’ble High Court. |
29/03/2022 | News & Updates | CGPDTM issued Public notice regarding taking opposition on record
CGPDTM issued public notice on 28th March 2022 regarding taking opposition on record with reference to applications published in Journal No. 1928 -2036 in compliance of The Hon'ble High Court order dated 21/03/2022. Please refer to the Public Notice dated 28th March 2022 for details. |
18/01/2022 | News & Updates | CGPDTM extends the limitation period vide Supreme Court order dated 10 January 2022
In view of the adversities faced by litigants due to pandemic the Supreme Court of India further extended the limitation period as may be prescribed under any general or special laws in respect of all judicial or quasi-judicial proceedings. Consequently, the balance period of limitation remaining as on 03.10.2021, if any, shall become available with effect from 01.03.2022. In cases where the limitation would have expired during the period between 15.03.2020 till 28.02.2022, notwithstanding the actual balance period of limitation remaining, all persons shall have a limitation period of 90 days from 01.03.2022. In the event the actual balance period of limitation remaining, with effect from 01.03.2022 is greater than 90 days, that longer period shall apply. The detailed order can be accessed using this link. |
11/02/2021 | News & Updates | Draft Patents (Amendment) Rules, 2021 published for public comments.
Government of India notified Draft Patents(Amendment) Rules, 2021 on 9th February 2021. These rules provides for the reduced official filing fee for patent if the applicant falls into the category of the eligible educational institution which refers to an institution established by a Central, Provincial or State Act, which is owned or controlled by the Government, and is wholly or substantially financed by the Government. Objections or suggestions, if any, may be addressed to the Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India, Udyog Bhawan, New Delhi- 110011 or by e-mail at sachin.d@gov.in within 30 days from the date of publication of these rules. Please refer to the Patents(Amendment)Rules 2021 for draft rules. |
06/11/2020 | News & Updates | Govt. of India notified Patents(2nd Amendment) Rules, 2020.
Government of India notified Patents(2nd Amendment) Rules, 2020 on 4th November 2020. These rules clarify the official filing fee for patent filing by natural person or startup. In case an application processed by a natural person or startup or small entity is fully or partly transferred to a person other than a natural person, startup or small entity, the difference,if any, in the scale of fees between the fees charged from the natural person, startup or small entity and the fees chargeable from the person other than a natural person, startup or small entity in the same matter, shall be paid by the new applicant with the request for transfer. Please refer to the Patents(2nd Amendment)Rules 2020 for detailed contents. |
22/10/2020 | News & Updates | Indian Govt. notified Patents(Amendment) Rules, 2020.
Government of India notified Patents(Amendment) Rules, 2020 on 19th October 2020 for clarifying provisions as to filing priority docuemnts and statement of working. Now the patentee is required to submit the statement of working of patent in India once in respect of every financial year, starting from the financial year commencing immediately after the financial year in which the patent was granted, and shall be furnished within six months from the expiry of each such financial year.” Please refer to the Patents(Amendment)Rules 2020 for detailed contents. |
01/06/2019 | News & Updates | Indian Govt. notified Draft Patents(Amendment) Rules, 2019 for comments by public.
Government of India notified Draft Patents(Amendment) Rules, 2019 on 31st May 2019 for inviting suggestions/comments from public within 30 days from the date on which copies of the Gazette of India, in which this notification is published, are made available to the public. These rules provides for submission of duly verified English translation of priority documents within three months from the date of inviting to file it by the Appropriate Office. It also clarifies that the non-compliance of such requirement will result into disregard of priority claim. It also provides clarification regarding filing statement of working with new format. Please refer to the Patents(Amendment)Rules 2019 for detailed contents. |
01/06/2019 | News & Updates | Government invites comments on Draft Copyright (Amendment) Rules, 2019 Government of India introduced Draft Copyright(Amendment) Rules, 2019 for seeking comments/suggestions from all persons likely to be affected. The comments/suggestions can be emailed at ipr7-dipp@gov.in latest by 29th June 2019. The copy the rules can be accessed by clicking here. |
01/03/2019 | News & Updates | CGPDTM published Draft Manual of Patent Office Practice and Procedure, 2019
A Draft Manual of Patent Office Practice and Procedure, 2019 is published by Office of the Controller General of Patents, Designs and Trade Marks(CGPDTM) of India for inviting suggestions from the stakeholders up to 21-03-2019. Please refer to the draft manual for detailed contents. |
16/05/2018 | News & Updates | Cooperation in the field of Traditional Systems of Medicine between India and Colombia The Union Cabinet has given its approval to the signing of Memorandum of Understanding (MoU) between India and Colombia on establishing cooperation on Traditional Systems of Medicine of India. It will lead to promotion and propagation of Traditional Systems of Medicines of India in Colombia. As a consequence of this MoU, exchange of experts for training the practitioners, conducting collaborative research in Traditional Systems of Medicine is expected to lead to new innovations in drug development and traditional medical practice. |
16/05/2018 | News & Updates | A booklet on Madrid Protocol released as an outcome of EU-India IP Cooperation Indian Government has released a booklet on Madrid Protocol "The Madrid Protocol: A route to Global Branding". This enriching resource material has been developed by the European Union Intellectual Property Office (EUIPO) and the Department of Industrial Policy and Promotion (DIPP) within a close cooperation between the EU and the Government of India – Ministry of Commerce. Please refer to the booklet for detailed contents. |
28/03/2018 | News & Updates | MoU between India and Canada on Intellectual Property Rights The Union Cabinet has given its ex-post approval for the Memorandum of Understanding (MoU) between India India and Canada. The MoU was signed on 23rd February, 2018 to establish bilateral cooperation activities in the field of Intellectual Property (IP). The MoU is intended to promote innovation, creativity and economic growth in both countries. The MoU establishes a broad and flexible framework through which both countries can exchange best practices and work together on training programs and technical exchanges to raise awareness on IPRs and better protect intellectual property rights (IPRs). |
01/03/2018 | News & Updates | IPO reinforces its commitment to quality as International Searching Authority Indian Patent Office[IPO] reinforces its commitment to quality as International Searching Authority by sharing full Search Strategies also along with the International Search Reports established since 1st January 2018 for publication on Patentscope (www.wipo.int/patentscope). IPO is the seventh among 22 ISAs under the PCT to start this service. |
31/05/2017 | News & Updates | CGPDTM issued guidelines for filing Well-known trademark
The rule 124 of recent Trade Marks Rule, 2017 provides for determination of a well-known trademark by the Registrar. In order to clarify this Rule, the CGPDTM issued the guidelines for the convenience of public at large. Please refer to the guidelines for details. |
06/03/2017 | News & Updates | Government of India notified Trade Marks Rules, 2017 Government of India notified the Trade Marks Rules, 2017. Through these rules, the fees to be paid in respect of applications, oppositions, registration,renewal etc. has been increased for different category of applicants. Please refer to the rules for details. |
04/03/2017 | News & Updates | Goods and Services Tax (GST) Council approves the CGST and IGST Bill The Goods and Services Tax GST) Council has approved the draft CGST Bill and the draft IGST Bill as vetted by the Union Law Ministry. As per the salient features of the two Bills, as finalized by the GST Council, a State-wise single registration for a taxpayer for filing returns, paying taxes, and to fulfil other compliance requirements. Most of the compliance requirements would be fulfilled online, thus leaving very little room for physical interface between the taxpayer and the tax official. |
22/02/2017 | News & Updates | Cabinet approves signing of Air Services Agreement between India and Greece Union Cabinet has approved the signing of Air Services Agreement (ASA) between India and Greece. The Agreement has the potential to spur greater trade, investment, tourism and cultural exchange between the two countries bringing it in tune with the developments in the civil aviation sector. It will provide enabling environment for enhanced and seamless connectivity while providing commercial opportunities to the carriers of both the sides ensuring greater safety and security. |
15/02/2017 | News & Updates | Agreement between India and Croatia on Economic Cooperation Agreement between the Government of the Republic of India and the Government of the Republic of Croatia on Economic Cooperation was signed on 14th February, 2017 in Zagreb, Croatia.India and Croatia had earlier signed an Agreement on Trade and Economic Cooperation in September, 1994 with an aim to promote and develop bilateral trade and economic relations. The present Agreement between India and Croatia would be a step in continuity as the last one expired in November, 2009. |
01/01/2016 | News & Updates | CGPDTM of India launches New Unique Numbering System for Patent Applications Controller General of Patents, Designs and Trade Marks(CGPDTM) of India launches New Unique Numbering System for Patent Applications and Requests for Examination in the Patent Office w.e.f. 1st January, 2016. The new numbering system will have 12 characters fixed length numeric standard Patent Application Format, applicable to all patent offices in India. Please refer to the office order for details. |
18/12/2015 | News & Updates | Govt. invited suggestions on Trade Marks Rules, 2002 till January 01, 2016 The draft Rules to further amend the Trade Mark Rules, 2002 were published by the Central Government on 17th November, 2015 for information of all persons likely to be affected, inviting objections or suggestions, if any, with an indication that the said draft rules shall be taken into consideration after the expiry of a period of thirty days from the date of publication in the Gazette of India. These rules can be downloaded from here. Objections or suggestion, if any, may be addressed to the Secretary to the Government of India, Ministry of Commerce and Industry (Department of Industrial Policy and Promotion), Government of India, Udyog Bhawan, New Delhi or by e-mail at Sahni.palka @nic.in. by 01.01.2016. |
02/12/2015 | News & Updates | MoU between India and Germany for Solar Energy The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved a Memorandum of Understanding (MoU), which has been signed in October, 2015, between Indian and Germany, to expand bilateral development cooperation in the field of Solar Energy by increasing use of solar energy in India through technical as well as financial cooperation. The MoU will help in strengthening bilateral cooperation between the two countries. |
30/11/2015 | News & Updates | Draft Patent (Amendment) Rules, 2015 are published for public comments Indian Patent Office (IPO) published the Draft Patents (Amendment) Rules 2015 on 26th October, 2015. The extended the date for submitting comments is 11th December 2015. The proposed draft rules can be accessed from here. |
21/08/2015 | News & Updates | CGPDTM issued clarifications under Section 5(3) of the Designs Act, 2000 Controller General of Patents, Designs and Trade Marks issued a circular clarifying the manner in which the Act and Rules are to be applied.It has been clarified that an application under Section 5 of the Act for registration of Design can be made for any one or all the articles in that particular class, irrespective of the sub-classes therein. |
20/08/2015 | News & Updates | CGPDTM Guidelines for Examination of Computer related Inventions Controller General of Patents, Designs and Trade Marks issued the Guidelines for examination of Computer Related Inventions(CRIs) which shall come into force with immediate effect. It will be applicable in respect of procedure of examination of patent applications relating to the field of computer related inventions under section 3(k) of Patent Act 1970. |
12/08/2015 | News & Updates | MoU between India and France on renewable energy Memorandum of Understanding between India and France to establish basis for cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues. The MoU envisages constitution of a Joint Working Group which can co-opt other members from scientific institutions, research centres, universities or any other entity, as and when considered essential. |
02/01/2014 | News & Updates | Government of India notified the implementation of Designs (Amendment ) Rules 2014 Government of India notified the implementation of Designs (Amendment ) Rules 2014 from December 30, 2014 onwards. Likewise recently amended patent rules, three categories of Applicants have been introduced i.e. Natural Person, Small entity and other entity. For claiming small entity status Form 24 has to be filed (similar to Form 28 under Patents Rules). The fee payable by small entity is twice that of payable by a natural person and the fee payable by other entity is four times that of payable by a natural person. |
19/12/2014 | News & Updates | Compulsory Licensing on Patented Drugs Controller General of Patents, Designs and Trade Marks granted one Compulsory License for the anti-cancer drug containing the compound ‘Sorafenib Tosylate’ which is used for treatment of kidney and liver cancer to a drug manufacturing company, namely M/s Natco Pharma Ltd. The grant is under section 84 of the Patent Act, 1970 (as amended). The patent was originally granted to M/s Bayer Corporation, USA by the Indian Patent Office. |
17/12/2014 | News & Updates | MoU between India and China for Setting up Industrial Parks As a follow up to signing of the MoU dated 30 June, 2014 with People’s Republic of China, Industrial Extension Bureau, a Government of Gujarat Organisation has signed an MoU with China Development Bank Corporation, People’s Republic of China for supporting setting up of Industrial Parks in Gujarat and Maharashtra Industrial Development Corporation, an undertaking of Government of Maharashtra has signed an MoU with Beiqi Foton Motors Co. Ltd., a company incorporated in the People’s Republic of China for setting up an Industrial Park in Maharashtra. |
12/12/2014 | News & Updates | FDI in Listed/Unlisted Companies As per the ‘Consolidated FDI Policy Circular 2014’, amended through Press Notes 7 & 8 of 2014, in sectors/ activities not under the prohibited list, FDI from 20% to 100%, subject to applicable laws/regulations and other conditionalities is permitted. In sectors/ activities not listed therein, FDI is permitted up to 100% on the automatic route, subject to applicable laws/ regulations; security and other conditionalities. There is no proposal to contain FDI to 10% in listed companies or revise sectoral cap in unlisted companies. |
01/09/2014 | News & Updates | Revised Draft Guidelines for pharma patent applications CGPDTM extends last date for submitting comments on the “Revised draft guidelines for examination of patent applications in the field of pharmaceuticals” to 05th September 2014. There will be no further extension. The draft guidelines can be found here. |
27/08/2014 | News & Updates | National Internet Exchange of India launched Bharat Domain Name The National Internet Exchange of India (NIXI) has announced that .IN Registry has launched the Bharat domain name (Bharat written in Devanagari script). It was launched by Minister for Communications and Information and Law and Justice, Shri Ravi Shankar Prasad today at a function held here. |
12/08/2014 | News & Updates | Ministry of Agriculture Has Signed MOUs with 52 Countries The Ministry of Agriculture has signed MOUs/Agreements with 52 countries to provide better agricultural facilities for cooperation in the fields of agriculture and allied sectors in areas such as Research and Development, Capacity Building, Germ-Plasm Exchange, Post-Harvest Management, Value Additional/Food Processing, Plant Protection, Animal Husbandry, Dairy & Fisheries and enhancing bilateral trade etc. |
13/06/2014 | News & Updates | Applicability of PAN Requirement for Foreign National Ministry of Corporate affairs has issued a circular dated 10th June, 2014 clarifying that foreign nationals, who are subscribers/promoters of a company are not required to furnish their PAN details, in case they are not allotted a PAN. They may provide a declaration instead in the prescribed proforma. The corresponding notifications and circulars are available on the Ministry’s website at www.mca.gov.in. |
18/12/2013 | News & Updates | Governemnt approved Bilateral Currency Swap Arrangement Between the Reserve Bank of India and Bank of Japan The Government of India today approved the enhancement of the bilateral currency swap arrangement between the Reserve Bank of India (RBI) and Bank of Japan from US$15 billion to US$ 50 billion. The terms of the Agreement have been agreed between the Indian and the Japanese side in this regard. The Government of India has authorized Reserve Bank of India (RBI) to sign the agreement. This measure will further strengthen the bilateral financial cooperation between Japan and India. |
30/10/2013 | News & Updates | Indian Patent Office rejects application for compulsory license The Indian Patent Office has rejected the application for compulsory license in “M/s. BDR Pharmaceuticals International Pvt. Ltd. Vs. M/s. Bristol Myers Squibb Company”. It was finally held that there was deliberate intent on part of the applicant to enter into any dialogue with the patentee and the exercise of a deliberate choice to only invoke the provisions relating to compulsory licenses without taking the requisite steps laid down by the law, cannot be classified as an ‘irregularity in procedure/timeline’, which can be waived or condoned or declared to be not applicable. The applicant did not follow the scheme of the law and failed to make out prima facie case for making of an order under Section 87 of the Act. The application for compulsory license was rejected. |
15/10/2013 | News & Updates | Indian Patent Office to officially start functioning as an International Search Authority (ISA) and IPEA under PCT The Indian Patent (Amendment) Rules, 2013 notified in the Official Gazette of India on the 23rd of April 2013 has come into effect on the 15th of October 2013. The Gazette has been attached here for reference. Amendment paves way for the Indian Patent Office to officially start functioning as an International Search Authority (ISA) and International Preliminary Examining Authority (IPEA) under PCT from 15th October 2013. Applicants can now select the Indian Patent Office as the ISA while filing a PCT application. This will substantially reduce the cost incurred in filing the patent applications. |
14/09/2013 | News & Updates | Govt.of India And Riken,Japan Signs MoU to Launch Joint Research Initiatives The Ministry of Science & Technology(DBT & DST) ,Govt. of India and RIKEN, Japan’s largest research organization have signied MOUs to day for Launching joint Research programs in the fields of Biology, Life sciences and material sciences. (Genome–related research including systems Biology, Computational science including development of bioinformatics tools, Detection tools (e.g. spectroscopy) for security and other areas of mutual interest. The cooperation will facilitate exchange and foster collaborations between Japan and India, in these fields. They extend a long history of collaboration between India and Japan, two powerhouses of Asian research and innovation. |
19/10/2012 | News & Updates | India-New Zealand signed 5 MoUs in Educational Sector In the first meeting of India-New Zealand Education Council held today five MoUs related to educational partnership were signed. These include Educational Partnership Agreement between University of Delhi, India and Massy University New Zealand and MoU between Victoria University, Wellington, New Zealand and Jawahar Lal Nehru University of India. The key features of these MoUs are Exchange of faculty members and students, Joint Research activities, Participation in seminars and academic meetings, Exchange of academic material and other information, Special short term academic programmes, Exchange of Administrative managers/coordinators, Joint Cultural Programmes. |
05/10/2012 | News & Updates | Pfizer to appeal against decision to revoke its cancer drug patent Pfizer Ltd, the India unit of US drugmaker Pfizer Inc, will challenge the decision of Indian patent office revoking a patent for its cancer drug Sutent before the Intellectual Property Appellate Board. In September, the Delhi High Court ruled in favour of local drugmaker Cipla Ltd in a patent infringement case filed by Switzerland's Roche Holding AG over Cipla's cancer drug Erlocip. |
13/06/2012 | News & Updates | CSR may become mandatory in new Companies Bill The Companies Bill, 2011 is likely to be reintroduced in the monsoon session. If the bill is passed after endorsing all the suggestions made by the Parliamentary Standing Committee on Finance, corporate social responsibility (CSR) would, for the first time in the world, become mandatory. The report of the panel headed by Mr. Yashwant Sinha recommends that companies with net worth above Rs 500 crore, or an annual turnover of over Rs 1,000 crore, shall allocate 2% of average net profits of three years towards CSR. In the draft Companies Bill, 2009, the CSR clause was voluntary though it was mandatory for companies to disclose their CSR spends to shareholders. |
11/06/2012 | News & Updates | LLP Registry is merged with MCA-21 The Ministry of Corporate Affairs, has achieved a new milestone by integrating e-Governance project for Limited Liability Partnership (LLP) under the platform of MCA21. This will result in provision of all state of the art services like credit card payment, online banking from six banks, payment though NEFT from any bank and host of other services. Accordingly instructions have been given to notify this decision to the stakeholders that from 11-06-2012 all LLP forms except Forms to be filed by Foreign LLP shall be processed and approved by respective Registrar of Companies (ROCs) of concerned state. The forms to be filed by foreign LLPs shall be processed and approved by the ROC, Delhi & Haryana. |
14/05/2012 | News & Updates | New telecom security policy of India seeks to protect privacy India is working on a policy on telecom security that seeks to address the issues related to an individual’s privacy, the needs of law enforcers, and the concerns of telecom equipment makers and service providers. The first draft of the national telecom security policy says the government will enact laws to enable enforcement and security agencies to get legal access to information on a real-time basis without compromising the privacy of individuals. The government will also provide tools and train the agencies so that they are better able to analyse the data travelling on telecom networks, the draft says. The draft put the onus on enterprises to secure their networks. |
15/06/2012 | News & Updates | India and US sign agreement on collaboration in Diabetes Research India and United States today signed an agreement on collaboration in Diabetes Research. during the bilateral meeting. The primary aim of this collaboration is to initiate a health research relationship between the two countries to generate a better understanding of the molecular and biological mechanisms underlying diabetes, to characterize the genetic, social and environmental determinants, and to identify innovative approaches for improving prevention and treatment of diabetes. The two countries will promote and develop cooperation in the field of basic, clinical, and translational research in the areas of diabetes mellitus, on the basis of reciprocity and mutual benefit. As part of this collaboration joint research programs in diabetes will be developed by the Indian Council of Medical Research and the Department of Biotechnology of the Ministry of Science and Techology, with National Institutes of Health of the Department of Health and Human Services, United States. |
11/11/2011 | News & Updates | MCA simplify Procedures under Companies Law & LLP Act, 2008 The Ministry of Corporate Affairs has in order to improve service delivery to the Corporate Sector recently taken initiatives for further simplifying procedures under the Companies Act, 1956 and the Limited Liability Partnership Act, 2008. These include integration of Director’s Identification Number (DIN) with PAN data base, extension of time in Company Law Settlement Scheme till 15.12.2011 and reducing the time limit of approval of e-forms by Registrar of Companies from 120 to 60 days. Filing of annual statement of accounts by Limited Liability Partnership has now been brought up under the ‘Straight Through Process’ (STP) procedure. |
18/10/2011 | News & Updates | Vision-2020 Documents for Indian Aviation Sector The Vision-2020 documents prepared by the Ministry of Civil Aviation is an assessment of the overall outlook of the sector in 2020. As per the vision-2020, the growth of aviation sector has potential to absorb upto USD 120 billion of investment. Fleet size of commercial airlines sector will be approximately 1000 aircraft, domestic passengers numbers could reach 150-180 million, Helicopter fleet is expected to be another 500 air cargo movement is expected to reach the level of 9 million MT and the sector may have the potential to absorb 3 million jobs directly by 2020. |
25/10/2011 | News & Updates | Consent to the increase in India’s quota in the International Monetary Fund The Union Cabinet today approved the increase in India’s quota in the International Monetary Fund (IMF) as a result of the Fourteenth General Review of Quotas. When the Fourteenth General Review of Quotas becomes effective, it will result in a major realignment of quota shares among members to better reflect the global realities. All the BRIC countries would now be among the 10 largest quota shareholders at the IMF. India’s quota share at the IMF will increase from 2.44% to 2.75%, making it the eighth largest quota holding country at the IMF. Significantly, India’s gain in terms of quota share is the seventh largest in this round of quota review. In absolute terms India’s quota will increase from SDR 5,821.5 million to SDR 13,114.4 million. |
25/10/2011 | News & Updates | GOI approved the establishment of a Regional Centre for Biotechnology The Union Cabinet today approved the enactment of the requisite legislation for establishment of the Regional Centre for Biotechnology Training and Education under the auspices of UNESCO. The Centre proposes to engage students in research by integrating science, engineering and medicine with a view to create high quality human resource in disciplinary and interdisciplinary areas. Further, the Centre would also create physical infrastructure in critical platform technologies to support interdisciplinary education training and research in biotechnology for providing interface between agriculture or veterinary sciences and engineers and environmental biologists, ecologists and engineers for agricultural and environmental technologies in order to help molecular breeding, bio-energy and green technologies. The Centre will work in collaboration with other Centres of UNESCO and carry out is programmes through grants provided by the Government. The Bill provides for laying the annual report and annual accounts together with the audit report in both Houses of the Parliament. |
13/05/2011 | News & Updates | DIPP releases discussion paper on utility models. The Department of Industries and Public Policy of India has released a discussion paper to introduce a system of Utility Models in India. This system will help in protecting grass root innovations which do not satisfy the patentability criteria under Indian Patent Laws. The DIPP seeks specific views and suggestions on Section X of the paper entitled ‘Issues for Resolution’ and any related issues. These issues comprise the requirements, scope, criteria for granting protection and enforcement procedure to be adopted. |
25/10/2011 | Industry News | GOI proposes 15 new Mega Food Park Projects under the Infrastructure Development Scheme The Cabinet Committee on Economic Affairs has approved setting up 15 new Mega Food Park Projects under the Infrastructure Development Scheme (in addition to 15 ongoing projects), involving a total Government grant of Rs. 787.50 Crore. The setting up of 15 new Mega Food Parks will result in creation of state of the art infrastructure in major parts of the country with efficient supply chain management from farm gate to retail outlets. The projects are expected to bring about substantial reduction of wastage, value addition, employment generation and increased income for the farmers. The Scheme will be implemented in a market driven manner commensurate with both global and national demands. Innovative supply chain management will be the key to implementation of this scheme. |