विश्व बौद्धिक संपत्ति संगठन (WIPO) के मुख्य कार्य क्या हैं? बौद्धिक संपत्ता, आनुवंशिक संसाधनों और संबंधित पारंपरिक ज्ञान पर इसकी हालिया संधि के प्रभाव हैं भारत को क्या लाभ हुआ? (उत्तर 150 शब्दों में दीजिए) | What are the main functions of the World Intellectual Property Organization (WIPO)? How will its recent treaty on intellectual property, genetic resources and associated traditional knowledge benefit India? (Answer in 150 words)

WIPO is a international body controlling rules related to intellectual property rights.

Main functions:

benefit of recent treaty on India:

A) Intellectual property

(i) Push innovation and creativity

(ii) Protecting rights of scientists

B) Genetic resources

(i) Protecting rights of farmers (as per PVFrAI)

(ii) Sharing of genetic data with poor farmers

C) Traditional knowledge

(i) Protecting cultural knowledge (as TKDL)

(ii) Local methodologies (as Neem, Turmeric)

There it would have a positive effect on India's IPR regime.

benefit of recent treaty on India:

A) Intellectual property

(i) Push innovation and creativity

(ii) Protecting rights of scientists

B) Genetic resources

(i) Protecting rights of farmers (as per PVFrAI)

(ii) Sharing of genetic data with poor farmers

C) Traditional knowledge

(i) Protecting cultural knowledge (as TKDL)

(ii) Local methodologies (as Neem, Turmeric)

There it would have a positive effect on India's IPR regime.