al health of the Telecom Service Providers, which will, in turn, improve the quality of services provided to the consumer.
CCEA approves reduction of Government equity shareholding in select CPSEs below 51%
• The Cabinet Committee on Economic Affairs has approved the proposal to reduce Government equity shareholding below 51 percent in select CPSEs while retaining the management control on case to case basis.
• The move aims to widen the bandwidth of the disinvestment window in select CPSEs. It is also expected to help in achieving the objectives of disinvestment such as equal spreading the wealth of the nation and promoting efficient management of Government investment in CPSEs.
• It will also ensure greater transparency and increase the contribution of the CPSEs towards higher economic growth of the nation.
• This could have a positive impact on the foreign portfolio investments in Indian capital markets and create a wider investment space for retail and institutional investors.
Patent Prosecution Highway programme approved by Cabinet
• The Patent Prosecution Highway (PPH) programme has been approved by the Cabinet. The programme will be adopted by the Indian Patent Office along with the patent offices of other nations.
• The PPH programme will initially begin with Japan Patent Office (JPO) and the Indian Patent Office on a pilot basis for a period of three years.
• During the period, the IPO may receive patent applications in specified technical fields including computer science, information technology, physics, electronics, textiles, metallurgy, civil, mechanical and automobiles and the Japan Patent Office may receive applications in all fields of technology.
• This would benefit the Indian Patent Office by reducing the time to dispose of patent applications, reducing pendency of patent applications, improve the quality of search and examination of patent applications.
• It would also provide an opportunity for the Indian inventors including MSMEs and startups to get an accelerated examination of their patent applications in Japan.
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CCEA approves reduction of Government equity shareholding in select CPSEs below 51%
• The Cabinet Committee on Economic Affairs has approved the proposal to reduce Government equity shareholding below 51 percent in select CPSEs while retaining the management control on case to case basis.
• The move aims to widen the bandwidth of the disinvestment window in select CPSEs. It is also expected to help in achieving the objectives of disinvestment such as equal spreading the wealth of the nation and promoting efficient management of Government investment in CPSEs.
• It will also ensure greater transparency and increase the contribution of the CPSEs towards higher economic growth of the nation.
• This could have a positive impact on the foreign portfolio investments in Indian capital markets and create a wider investment space for retail and institutional investors.
Patent Prosecution Highway programme approved by Cabinet
• The Patent Prosecution Highway (PPH) programme has been approved by the Cabinet. The programme will be adopted by the Indian Patent Office along with the patent offices of other nations.
• The PPH programme will initially begin with Japan Patent Office (JPO) and the Indian Patent Office on a pilot basis for a period of three years.
• During the period, the IPO may receive patent applications in specified technical fields including computer science, information technology, physics, electronics, textiles, metallurgy, civil, mechanical and automobiles and the Japan Patent Office may receive applications in all fields of technology.
• This would benefit the Indian Patent Office by reducing the time to dispose of patent applications, reducing pendency of patent applications, improve the quality of search and examination of patent applications.
• It would also provide an opportunity for the Indian inventors including MSMEs and startups to get an accelerated examination of their patent applications in Japan.
🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁
Join >> @IAS4India
Join >> @SSC4Exams
Join >> @Banking4Exams
Join >> @UPSC4Exams
Join >> @TheHindu_Zone_Official
🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁
For paid promotion
Contact @IAS4India_bot