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A stitch in time – The Hindu (June 24, 2016)

A stitch in time – The Hindu (June 24, 2016)

The Centre’s package of incentives to boost investments and job creation in the export-oriented textile and apparel sector is a stitch in time. For further reading, visit “The Hindu”.

Today’s Words: 

  1. A stitch in time saves nine (idiom) – deal with the problems promptly and save time and energy later when they might become worst.
  2. Cede (verb) – give up, handover, concede, assign, grant.
  3. Nimble (adjective) – quick, agile, bright, active, fast, sharp.
  4. Tax break (noun) – the reduction in the total tax payable allowed by the government specially to encourage some econimic and social schemes.
  5. Fillip (noun)- stimulus, boost, encourgement, incentive, impetus, motivation.
  6. Vie (verb) – compete, contest, struggle, battle.
  7. Move up (phrasal verb) – increase, raise, ascend.
  8. Value chain (noun) – A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.
  9. Tap (verb) – use, utilize, open up, draw on, make use of, put to use.
  10. Earmark (verb) – set a side, allocate to, reserve, assign.
  11. Set apart (phrasal verb) – keep apart, separate, save for a particular purpose.
  12. Duty drawback (noun) –  tax canceled on export items.
  13. Pencil in (phrasal verb) – arrange something for timebeing (yet to be confirmed).
  14. Cognizant (adjective) -aware, familair with, mindful, consciuos.
  15. Insist on (phrasal verb) -doing something. continue something.
  16. Compliant with (adjective) – in accordance with standards/rules.
  17. On a par with (idiom) – equal to, as good as, comparable to, similar to something/someone.
  18. Statutory dues  (adjective) – enancted, created, controlled by statute. (statute (noun) – a writtten law by the government).
  19. Sop (noun) – something given/provided (which is of less importance) to pacify somebody.
  20. Ambitious (adjective) – difficult, tough, challenging, formidable, bold
  21. Signatory (noun) –  the one (person/party/organisation/country) which signed an official document.
  22. Raft of (noun) – a large amount of something.
  23. Bolster (verb) – strengthen, boost, support, reinforce, assist, help.
  24. in time (phrase) – early enough, promptly, on time, not too late, at the right time.

Note:

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