TRIPS IN INIDIA : REASONS AND RHETORICS

The issue of patents and intellectual property rights (IPR) has occupied a major place in today’s development debate. India has recently adopted the Trade Related Intellectual Property Rights (TRIPS) regime. This essay examines the veracity of some of the key arguments presented to implement TRIPS in India. We see that much of the arguments favouring imposition of TRIPS in India are ill founded and contradictory. The essay also raises some questions on efficiency aspects of a strong IPR regime, such as the TRIPS.