With reference to the ‘National Intellectual Property Rights Policy’, consider the following statements.

1. It reiterates India’s commitment to the Doha Development Agenda and the TRIPS Agreement.

2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.

Which of the above statements is/are correct?

The correct answer is Both 1 and 2.

Let us analyze each statement regarding the National Intellectual Property Rights (IPR) Policy adopted by India in 2016:

Statement 1: It reiterates India’s commitment to the Doha Development Agenda and the TRIPS Agreement.
This statement is correct. The National IPR Policy explicitly reaffirms India's commitment to the WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) as well as the Doha Declaration on the TRIPS Agreement and Public Health. It seeks to balance IPR protection with public interest, specifically ensuring access to affordable healthcare and medicines while fostering innovation.

Statement 2: Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
This statement is correct. The Department of Industrial Policy and Promotion (DIPP) — which has since been renamed as the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry — was designated as the focal point and nodal department for all IPR matters in India. It oversees the administration, implementation, and future updates of the policy.

Therefore, both statements 1 and 2 are correct.