“Geographical indication can be used for micro-economic development”. Analyze

“Geographical indication can be used for micro-economic development”. Analyze
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Ans: It can be used for micro-economic development as Goods under GI is linked to particular place. Geographical Indication of goods will create product based branding for particular place. It will help in developing local socio-economic development. Hence, it can be used as socioeconomic tool. 
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