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Rs 1 lakh crore corpus to incentivise R&D amid India's patent boom bodes well for innovation

India’s budding scientists and a variety of institutions are poised to benefit from the loosening of purse strings for R&D. More patents can be granted by increasing the number of examiners and other personnel in patent offices. At the current pace, expect the granting of one lakh patents by 2025-26 ....

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