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shubham jain
it is very good move by the government but yes, its impact is very short term for leaving long and lasting impact government have to make tuff laws regarding anti-counterfeit activities. and make the special court like fats track courts for IPR related proceedings it will boost the economy as well as consumers rights.
December 29, 2017 at 10:47 AMpriyal jain
With India going for demonetization of 85% of its currency, the impact on the counterfeit trade will be an interesting area to watch. In the short term, just like any other illegal trade, the impact of demonetization on the counterfeit trade is expected to be quite large- much more than its effect on normal trade. Coupled with demonetization, a continuous shift & emphasis on digital payments and GST roll-out, we can expect disruption of the counterfeit trade to a great extend.
December 29, 2017 at 10:48 AM