Govt to provide Financial aid to agencies to promote GI products

Govt to provide Financial aid to agencies to promote GI products-Taxpuram

The government will provide financial assistance to eligible agencies for undertaking initiatives to promote Geographical Indications (GIs) products. The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for financial assistance for undertaking the initiatives to promote GIs.

DPIIT is an arm of the commerce and industry ministry which deals with investments and intellectual property rights (IPRs). A GI, a kind of IPR, is primarily an agricultural, natural, or manufactured product (handicraft and industrial goods) originating from a definite geographical territory.

Typically, such a name conveys an assurance of quality and distinctiveness, which is attributable to the place of its origin. The famous goods that carry GI tag include Basmati rice, Darjeeling Tea, Chanderi Fabric, Mysore Silk, Kullu Shawl, Kangra Tea, Thanjavur Paintings, Allahabad Surkha, Farrukhabad Prints, Lucknow Zardozi, and Kashmir Walnut Wood Carving.

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