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Key Highlights:
a) Promote export of MSME products
b) Facilitate patent, trademark, and technology licensing for MSMEs
c) Reduce GST burden on MSMEs
d) Provide collateral-free loans to MSMEs
- Launch Date: May 21, 2025
- Objective: Facilitate patent, trademark, and technology licensing for MSMEs.
- Capacity Building: DKPTO experts will develop IPR training curricula for Indian Intellectual Property Facilitation Centres (IPFCs).
- Financial Support: The ministry will cover 70% of registration and acquisition costs, targeting 2,500 innovation registrations in FY26.
- Global Expansion: India plans similar partnerships with the UK and US Patent Offices.
Question:
Q.1 What is the primary aim of the MSME-SCIP programme launched by the Ministry of MSME on May 21, 2025?a) Promote export of MSME products
b) Facilitate patent, trademark, and technology licensing for MSMEs
c) Reduce GST burden on MSMEs
d) Provide collateral-free loans to MSMEs
Answer: b) The key objective of the MSME-SCIP (Support for Commercialisation of IP Programme) is to help MSMEs with structured access to patents, trademarks, and technology licensing, enhancing innovation and commercialisation capabilities.