Short Communication
Importance of Intellectual Property and Farmers’ Rights in the New Era of Global Trade
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Importance of Intellectual Property and Farmers’ Rights in the New Era of Global Trade
Submitted28-04-2025|
Accepted30-08-2025|
First Online 29-10-2025|
doi 10.18805/BKAP848
Intellectual property includes all types of movable and immovable property and industrial products etc. It can be bought and sold and besides providing legal protection, it is also inheritable. The main objective of the Indian Patent Act is to encourage innovation, which ultimately drives technological progress in India. The main goal of patent law is to strike a balance between the interests of inventors on the one hand and the interests of the general public on the other. The Protection of Plant Varieties and Farmers' Rights Act 2001 is an act which is an effective step towards the protection of plant varieties, rights of farmers and plant breeders. Geographical indication or GI tag is an indication used on a product that it is produced in a specific geographical location. The Biological Diversity Act (2002) is a law passed by the Parliament of India. This is for the conservation of biological diversity and the sustainable use of its components.
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