MUMBAI, India, Oct. 26 -- Intellectual Property India has published a patent application (202641114676 A) filed by Ballari Institute Of Technology & Management; Dr. Jagadish R M; Dr. Aradhana D; Mr. Y J Prithviraj Bhupal; Mr. Manjunath Kammar; Mr. Azhar Baig M; Mrs. Anushya Vp; Ms. Varsha K; and Mr. Sundeep Sindhanoor on September 24, 2026, for Portable Apparatus For Interactive Economic Policy Simulation And Comparative Impact Assessment.
Inventors include Dr. Jagadish R M; Dr. Aradhana D; Mr. Y J Prithviraj Bhupal; Mr. Manjunath Kammar; Mr. Azhar Baig M; Mrs. Anushya Vp; Ms. Varsha K; and Mr. Sundeep Sindhanoor.
The application for the patent was published on October 23, 2026, under issue no. 43/2026.
Abstract: Portable Apparatus for Interactive Economic Policy Simulation and Comparative Impact Assessment This invention describes a portable apparatus for interactive economic policy simulation and comparative impact assessment. The apparatus provides a controlled analytical environment for evaluating economic conditions using configurable policy variables, baseline assumptions, sector parameters, demographic information, fiscal conditions, market indicators, and selectable time horizons. Multiple simulation scenarios are generated independently while preserving a reference baseline for comparative evaluation. Economic datasets and selected variables are processed to determine projected differences, variable sensitivities, sectoral responses, distributional effects, confidence ranges, and policy trade-offs. Comparative results are visually represented to facilitate interpretation by authorized analysts, researchers, institutions, and policy planners. The apparatus further supports scenario duplication, model-version tracking, assumption recording, local analysis during communication interruption, synchronization with authorized institutional datasets, administrative authentication, auditability, and backup operation. The apparatus thereby enables transparent, repeatable, and interactive examination of hypothetical economic policy alternatives without representing simulated outcomes as guaranteed forecasts.
Disclaimer: Curated by HT Syndication.
