Youth destination IAS

PepsiCo’s IPR on potato variety revoked

Share with Your Friends

Recently, Protection of Plant Varieties and Farmers’ Rights Authority (PPVFRA) has revoked PepsiCo’s Intellectual Property Rights (IPR) on the potato variety.

PPV-FRA has canceled the Plant Variety Protection (PVP) certificate granted to PepsiCo on the potato variety (FL-2027).

In the year 2019, PepsiCo sued some Indian farmers in Gujarat for cultivating the FC5 potato variety. FC5 has very low moisture content for making snacks like potato chips.

Reasons cited for revocation include lack of relevant information required for registration, mis-information by the company and ultimately the grant being not in the public interest.

The Plant Varieties and Farmers’ Rights Protection Act (PPV-FRA) was enacted in the year 2001. Its objective was to introduce intellectual property rights in Indian agriculture after India joined the World Trade Organization in the year 1995. It has agreed to implement the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).

Salient Features of the Act

  • Breeders shall have the exclusive right to produce, sell, market, distribute, import or export a protected variety.
  • Researchers may use any variety registered under this Act for conducting experiments or research.
  • A farmer who has developed a new variety is eligible for registration and protection as a breeder of that variety.
  • Under this decision, the seed freedom of farmers as enshrined in Section 39 of the PPV-FRA Act has been upheld.

Source- The Hindu

Download Our App

MORE CURRENT AFFAIRS

Register For Latest Notification

Register Yourself For Latest Current Affairs

August 2022
M T W T F S S
« Jul    
1234567
891011121314
15161718192021
22232425262728
293031  

Mains Answer Writing Practice

Recent Current Affairs (English)

Current Affairs (हिन्दी)

Subscribe Our Youtube Channel

Click to Join Our Current Affairs WhatsApp Group

In Our Current Affairs WhatsApp Group you will get daily Mains Answer Writing Question PDF and Word File, Daily Current Affairs PDF and So Much More in Free So Join Now

Register now

Get Free Counselling Session with mentor

Hello!

Login to your account

Open chat
1
Youth Destination IAS . PCS
To get access
- NCERT Classes
- Current Affairs Magazine
- IAS Booklet
- Complete syllabus analysis
- Demo classes
https://online.youthdestination.in/