Is the Patents Bill Good for India?

I also think that patent rights are good for India because India is on the path of development and for development new inventions are required.And definitely people would love to invent anything if their talent is recognized by others and some benefits are given to them for their work.So government should take necessary actions to help those people who are indulge in inventions.This step can also prove helpful in development of poor people of country.

I agree with the what Mr. Debdatta has said, the patent should be given to the inventor for his Invention. Many people who are in the remote parts of the country are inventing many things but they are not getting limelight for their inventions. So there should be a committee or forum which is useful for extract the hidden talents which helps becoming India a super power.

I agree to the point as patent will not just give the benefit of technology and innovation protection but also contribute to the countries growth in the form of earning revenue by giving a sol omen right to produce the product or service, where it will help one to have a brand loyalty and allows companies to have a competitive advantage to introduce more innovative technology by motivating patents.

PATENT BILL is of great importance. Every innovation is important and must be recognised and with the every product of Patent the name of the person who is responsible for this Patent must be mentioned because all of us should know about the inventions of that country and that persons. People who are from poor family invented a lot of things but they they have no idea about what they have invented and that add to what the world. Many of the times value additions is also can be done by this process. I would suggest a common forum for rural areas inventions so that every persons is recognised. And get proper evaluation for their Patent.

If anyone innovate any thing he/she must get the benefit for that he also feel motivated for that and he also try to innovate further new things which ultimately helps in India development so we must encourage that person for their development.

Patents bill is Good in India. India is also having many knowledge and creative mind people. If the idea is from a particular person means he should get his share, whomever uses his idea. its not that somebody uses this persons idea and keep making money. Anybody can do a work if they know what they have to do and make money. Important thing here is first they should know what they have to do. this comes from the thinking ability which is an intellectual property which must get its value.

On reading the above discussion, I would like to put forward the fact that patenting is very good for India but with a restriction of patenting act on matters like medicine, social eta for e.g. If a patented medical comp. Fails to complete the demand of user, the price will go high as well as people won't get the treatment and would have to rely on substitutes.

Patent bill is certainly good for India because it is a developing country needs to increase the number of researches and developments. This bill will certainly ensure security of the innovations of various institutions and research centers thereby encouraging more number of researches. As such India is well behind in R&D sector spending less than 1% of its GDP in it.So if the number of researches will be more then the govt will be bound to spend more and this will change our R&D scenario completely.
Not only that various foreign MNCs as well as Indian companies will also be able to secure there intellectual property in their R&D sectors which will also enhance foreign direct investments. So this bill can be a boon for our developing economy.

On having a look over all the comments I strongly support patent bill, which helps for the development of the country not only INDIA.

Patent bill creates an awareness on the things developed in our country and they realise their need to develop the further part for their country.

Hi every one, I have seen the all above discussions every one wrote well apart from this I will add some more points in a different way. Yes I too agree with you patent bill is necessary in India to know the ability of a person who manufactures a particular product and he must has all rights on the product. Then only every one will try to innovate new things thereby our country grows very rapidly to reach the hights like japan then we can rule the world.