The descriptive style of forward guidance on the policy interest rate has become clearer and has evolved over time. The Federal Reserve initially started with the statement the Committee anticipates that weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.
The ‘Start-up India’ campaign recognizes the potential of young entrepreneurs of the country and aims at providing them a conducive ecosystem. According to Traxcn database, funding for Indian tech start-ups touched $ 16.3 billion in 2019, over 40 per cent increase over the level a year ago.