Indian Agriculture Sector

Introduction

Section 3(h) of the Patents Act, 1970, states that a method related to agriculture and horticulture falls under inventions not patentable. The purpose of Section 3(h) of the Act is to protect “conventional” practices followed by farmers, and to safeguard traditional farming, cultivation and breeding practices within the public domain, preventing exclusive rights and monopolies through granting of patents. Section 3(h) has survived through amendments and has remained an essential part of the Patents Act, highlighting the importance of the Section.Continue Reading Section 3(h): Method of Agriculture and Jurisprudence

AGRI-SPACE AS A KEY INVESTMENT DESTINATION

1. Background

  • India is an agrarian economy. It has the second highest population in the world, as well as the second highest arable land area in the world. With rising demand and natural resources under pressure, agriculture as a sector is drawing sharp attention from a necessity as well as interest perspective.
  • It must be noted that the agri-sector has wide reach, as it covers within its ambit not just the core cultivation sector, but also allied sectors that are just as critical. In recent times and, more specifically in 2020, the Indian government has also made special efforts to support this wider sector.
  • Hereunder, we will share a brief overview of the recent reforms in the sector and the viability of the sector from an investors’ point of view.

Continue Reading Agri-Space as a Key Investment Destination : Some Thoughts