Key Points
The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for financial assistance for undertaking the initiatives for the promotion of GIs...
A GI, a kind of IPR, is primarily an agricultural, natural or manufactured product (handicraft and industrial goods) originating from a definite geographical territory...
"In accordance with the objectives of national IPR policy, Government of India will provide financial assistance to eligible agencies for undertaking initiatives for Promotion of GIs, which aims to create awareness about significance of GIs and its uniqueness, promoting registered Indian GIs, identify potential GIs and encourage stakeholders towards registration," the DPIIT said in a note...
It said that the "financial assistance will be extended to eligible agencies as 100 per cent grants in aid for undertaking initiatives for promotion of GIs."..
On eligible agencies, it said that the department may on its own undertake initiatives for the promotion of GIs within the country as well as abroad with Indian diplomatic missions or its agency or jointly with India's apex industry chambers and their overseas counterparts...
