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IPR: DIPP allocation increased after copyright shift from HRD
NEW DELHI: With the entire bogey relating to copyright having shifted to it, the budget for intellectual property in the allocation for the Department of Industrial Policy and Planning has jumped up to Rs 1,700 million from Rs 1,112 million in 2016-17.
After the announcement made in early April last year that copyright issues would be dealt with by DIPP, revised estimates for 2016-17 had shown a jump to 1550 million, necessitating a higher budget for this sector.
Consequently, the allocation for Human Resource Development which had until now been primarily responsible for this sector shows a blank and the budgetary document says this is because the sector has moved to DIPP.
Of the total allocation, the highest share has been allocated for modernization and strengthening of Intellectual Property office – Rs 757.8 million, followed by Rs 520.1 million for the Controller General of Patent Designs and Trademarks.
Several offices have been allocated budgets for the first time: Semi-conductor Integrated Circuit Layout Design Registry (Rs 10 million), Semi-Conductor Integrated Circuit Layout Design Board (Rs One million), Cell for Promotion of Intellectual Property and Management (CIPAM) with Rs 109.9 million, Copyright Office (Rs 36.5 million), Copyright Board (Rs 33.5 million, and Promotion of copyrights and IPR (Rs 60 million).
Of these, the last three had been given some allocation in the revised budget. Interestingly, there is no explanatory for these six departments in the budget document.
In addition to the IP budget, there is an allocation of Rs 6.5 million for the World Intellectual Property Organization (WIPO) as part of support to autonomous organizations.
It had been announced early in the financial year 2016-17 that issues of copyright had been shifted to the DIPP of the Commerce and Industry Ministry, which became the nodal department to deal with all issues related to copyright in the country.
(Copyright had until then been the preserve of the Human Resource Development Ministry and the film, music and television industries had always grudged this as they felt it should be with the Information and Broadcasting Ministry.)
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eNews
Piyush Thakur steps down as Inshorts’ chief revenue officer
Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.
NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.
In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.
Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.
He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.
In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.
Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.
At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.
Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.
At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.
